Never having properly understood or set up ranges of or static IPs, after Jeremy pointed this out I went away to do my research. The following article at least pointed me to the fact that I needed to set up the range within my router, an Airport Extreme Base Station (yes, rudimentary stuff).
http://discussions.apple.com/message.jspa?messageID=11562585
I actually connect to the internet using PPPoE, but the settings were similar enough to help me. So I left my range on the "DHCP Beginning Address" (AirPort Utility > Manual Setup > Internet > DHCP) as is, and set the "DHCP Ending Address" to 192.168.100, assuming that I would then set my VE slave machine static IPs to 101, 102 etc
But, I can't follow your suggestions to the letter as both of our rigs, being on a shared network, would be trying to access slave machines with the same static IP.
So if I assign whatever static IP I want, will I be given the option to find the correct static IP when launching the session? VE Pro is so "clever" it will just reconnect to the machine it wants (ie the slave it was last connected to) before I have the chance to say stop and have it connect somewhere else. Maybe if I understood the VE Pro server better, this might be obvious, so any words of wisdom would be appreciated. [:D]