There are important features of Emacs which are missing in Vim, such as the comint mode, and there are no scripts/plugins which can replace them.
There are also benefits
Incremental search using / and ? is missing.
To get a complete list of what vimpulse may be missing type
:helpgrep not in Vi
Every feature in the help that is not vi compatible will be listed.
Theres about 700 matches.
Of course there will be a lot of duplicated functionality