League-of-legends – What item is more preferable as Katarina: Hextech Gunblade or Will of the Ancients

Some of the most noticeable changes that pertain to League of Legends:

• Champion selection is limited to the "free to play" champions (which are rotated on a weekly basis) or the ones you have purchased using in game points (Influence points) or real life money (converted into Riot points).
• Maximum level is 18. With the exception of (as of writing this) 2 champions, Udyr and Karma, this gives your Q, W, and E skills 5 levels, and your R ultimate 3 levels. For Udyr, as he has no true ult, but rather 4 basic skills, you could have a 5 5 5 3 setup, or a 5 5 4 4 setup, or any combination therein. For Karma, her ult is given at level 1 and never levels up, giving her Q, W and E skills 6 levels each.
• No denying. This includes towers as well as creeps/minions. You can still deny by keeping enemy champions out of the kill radius / prevent them from last hitting, but there is no "auto-attack your own minions" to deny.
• No gold loss on death.
• Towers hit a lot harder and do more damage to you the longer they've been hitting you, making early tower dives a lot riskier and making towers much safer to defend against.
• You can kill the enemy base/nexus without having to kill the 3 inner lane turrets. You still must kill the 2 nexus towers first, however.
• The ranged/melee barracks have been merged into a single building called an inhibitor, and instead of bolstering the melee/ranged minions in that lane when destroyed, it instead makes a single, powerful melee unit spawn with every wave. Inhibitors respawn over time.
• There are far fewer "active" items (click to use) and the focus is more on increasing your passive stats.
• Every champion has a passive ability that is somewhat integral to their playstyle or their character flavor. These passives are always active and require no skill points. For example, the champion Zilean increases all allies' experience gain by 8% always. A more active example would be the character LeBlanc, who spawns a mirror image whenever she drops below 40% HP (occuring at most once per minute).
• There is a 3v3 as well as a 5v5 map, meaning there are two separate meta-games to identify (though most people play 5v5).
• Some of the larger neutral creeps provide passive buffs that provide a visual effect as well as a bonus to attributes. For example, the Golem buff provides mana/energy regeneration and cool down reduction.
• There is a large neutral creep called the dragon that provides teamwide gold and experience. This is often contested through the mid-late game and is a prime target for jungler champions to kill.
• The "boss" neutral creep (Baron Nashtor) does not provide an item (like Token of Life), but rather teamwide gold/exp and a passive buff that greatly increases health/mana/energy regen as well as additional attack damage and ability power.
• You get to choose 2 additional "Summoner Abilities" that are universal regardless of what champion you pick. Some examples of these are Ghost (temporary speed boost and unitwalking), Flash (short range teleport), Ignite (scaling damage with a DoT and reduced healing/regen component), and Clairvoyance (short cooldown, small radius map reveal). There are others too, of course.
• No river runes.
• You may passively increase your champions' stats by purchasing "Runes" outside of the actual in-game interface. These runes are purchased using points you earn by playing games (winning or losing).
• Additionally, you may increase your champions stats / enhance your "Summoner Abilities" / provide passive effects through the mastery system. The mastery system is a simplified version of a talent tree (akin to Diablo 2, World of Warcraft, etc.) with points being earned as you level your summoner (your account), which is done by simply playing games.
• Ability to return to base (free, no need to buy it, no item slot taken, no cooldown)
• Improved juking - instead of sneaky paths between trees there is "brush" (bushes/grass) system - brush blocks line of sight of those outside it and provides bonuses to some champions/heroes
• Map is symmetrical with the exception of the placement of the Dragon and Baron "boss" creeps.
• Shields system - damage shields are dynamically displayed as a gray extension of the healthbars. Purple extensions indicate magic-only shields.
• It's possible to bind smartcasts (cast instantly on keypress on the area the cursor is hovering over, not on an additional mouse click)
• No secret shops or outposts. All items are purchased at the base shop.
• The Shop's combination items are displayed in a tree, making it easy to see which items combine into what.

I'll add more as I think of more. Hope this is a good start for you!

You mustn't mix up life steal and spell vamp.

Life steal steals on physical damage (meaning auto-attack for vlad). In fights, you very rarely use your auto-attacks to deal big damage because you're a caster.

Spell vamp steals on magical damage (meaning all of his spells), this is want you want if your plan is to steal more life.

• Zhonya's Hourglass is great because vlad's ult has low range but must be cast in battle engage to hit the most enemies and for the 15% extra magical damage. The two second invulnerability will allow you to stay alive in the heart of the battle if you get targeted.
• I also very often use Hextech Revolver with Vlad, but you need some AP. It's no use having 50% Spell vamp if you don't deal any damage.

Vlad spells cost life, the good thing about more spell vamp is you can get your life back faster with transfusions minion lines and you can cast life costing spells (specially Tides of Blood that stacks) with less impact on your life.

EDIT : I went to have a quick look at all the different Vlad builds. All (or nearly all) of the descent builds have hextech revolver in them with its evolution to will of the ancients - give more AP, more spell vamp and an aura :-)