I use Sublime to edit smaller code bases, and web technologies because it gets out of my way, and obfuscates nothing from me. I use VS if I need to work with larger codebases in compiled languages with static typing, complex build processes, or multiple dependencies.
I tried it about a year after it first launched, but only for a couple days. VS code strikes me as a hybrid between the two, but from what little I've tried of it, my experience has been that it's less snappy than Sublime, while attempting to obfuscate the things the way VS proper does, which I find distracting when working with js/Python/html. When it came to the large CPP code-base I was toying with, its felt slower to work in than VS, and I couldn't find any compelling reasons (killer features) to learn its conventions.
I know quite a few people using code for web development, but they haven't really told me why ("it's just better").
I get the impression I'm missing out on something wonderful here, and I don't want to be an anachronism. But I just don't know why I'd want to switch unless I needed a heavier IDE on my Linux box.
I am not sold on strong typing for the web and SPA's there is just so much tear down rebuild and remodel that I don't know if the gains are there. Given that I take that view I tend to shun a full and robust IDE in favor of a text editor with language support. VS Code is something a little bit more than that, and I it hits a sweet spot for me. When I have to support our legacy Java apps I jump back to Intellj Idea but it's not my favorite and goes a little too far towards the IDE side.
When I do embedded C, I tend to prefer a full blown IDE as it's just too easy to get lost in the weeds of a large C code base. Which is usually CLion.