I setup an i9 sample server last night, and the latest version of VEPro (7.1.1427), and can confirm it has serious bugs. In my case, connecting from the main host (M1 Mac), caused VEP on the i9 to create a new instance with a truncated name. If the original instance I connected to was named "Strings", the new instance would be "ngs". I couldn't simply use the new instance. Saving and reopening a project caused the same bug - connections would create a new blank instance and connect to that.
I have an i7 server working fine with VEP 7.1.1298, so I rolled VEP on the i9 back to .1298 and it now works fine. Both servers are connected. I would withdraw 7.1.1427 from VSL's downloads and installer.