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"I am still looking for a really good thread on this board that explains the vpip/pfr numbers in relation to what you should do with your hand."
I'm sure there's a thread that could tell you a billion times better than I could attempt. I just use these numbers to get an idea of what kind of player I'm up against, but they aren't the only thing I use when making a decision, in fact sometimes they can confuse matters further. Obviously the lower the vpip, the tighter the player, and the higher the pfr, the more aggressive the player (pre flop), but these figures can only tell us about a player pre flop, so we have to take into account board texture, betting action, notes and other stats that we can find in poker tracker, such as fold to 3bet%, but we need a good sample of hands to make good use of this stat, more so than for pf action alone.
Sorry I should let others talk, I keep thinking of things to add!
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