VirtualHostX has been updated to version 2.0, and somehow I missed it. This version brings control of service (Apache) status, Bonjour sharing of virtual hosts, “Flush DNS” and “Test Configuration” functions, a new licensing architecture, and subtle UI improvements – including a new icon! It also has a nice status indicator at the bottom of the window:

If you do local web development, I highly recommend VirtualHostX to simplify your virtual host configuration process.