I had one once but it was fairly low powered. Beaches were (are?) the most 
popular search areas here in Florida. If the island where you live was once a 
beach (many of them were) there could be something there. If you dig down two 
or 3 feet or more and find nothing but sandy soil, it possibly was a beach at 
one time.
 I've read that pirates, and ships being pursued by pirates, would hurriedly 
bury their treasure on beaches with the intention of returning after they 
escaped their pursuers. Several small fortunes have been found there but most 
areas have been heavily searched since the advent of metal detectors.

One early morning on a beach a guy with a detector told me he had found rings, 
jewelry, and coins, but that his main reason for searching was that it gave him 
something to do until the bars opened. You have to admire such honesty.

Here is a website that might be informative:

http://www.detectorprospector.com/forum/topic/1424-vlf-detectors-and-depth/

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
> Anyone have/use these things?  I'm thinking to get one, what might you 
> recommend?
> I have an idea there might be a lot of artifacts here on the vast estate
> --FT

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