Is there an active community: yes, I would say so
Is it as active as it used to be: erm, sadly not, no
Is there an active drift/cruise community: strangely, yes, although I don't personally see the fun of it - I prefer racing
Are there multiple, fun, crowded, pick up and race options: no
Are there scheduled, organised events you can join if you have the time: yes, there are a few and they seem good options with reasonable numbers
Are the physics still the best: in my opinion, yes
Is the VR implementation the best: again, in my opinion, yes
Are the graphics the best: no, but I value physics over eye candy
Are the sounds the best: no, but I value physics over ear candy
Do I play LFS as much as the other sims I own: no*
What the hell is that all about: search me!
* technically, in the last few weeks, the answer to this is yes, but over the last few years, its no.