I think the continuum from traumatic-ho hum-transformative is probably based on a lot of things that have little to do with the actual fact of a baby emerging from a vagina. I really did find my first vb traumatic and my second one transformative... but I can see how if my first vb hadn't had the sudden crash ending how it could have been a bit ho hum. Very long, induced, epidural, pushed for two hours. I'm sure the actual bit of meeting my baby would have been magical but that is neither here nor there is it.. but the whole hospital bed/being coached to push and all that was sort of unremarkable.
However, by the time I gave birth to my second, I had been through such a crazy time of it. Was told at 7 weeks that my baby was measuring only 5 and had no heartbeat, at 9 weeks I ended up in hospital apparently miscarrying and was talked through it by a doctor only to find a heartbeat, had on-off bleeding and found it hard to believe I was even pregnant. By 28 weeks I was really in a bad way and diagnosed by the perinatal mental health team as having OCD. I was obsessed with birth and images of my baby dying... and in the weeks before birth, these were sometimes incessant. At one point I wanted cs. At another I was begging for an induction, just to get it over with. I actually had started to believe that there was no way on earth that my baby would survive birth. It was horrendous.
So when I finally went into labour I was terrified and consequently had a stop start labour with incredibly slow dilation but was just treated so well by the hospital and was given the home from home suite complete with stars on the ceiling and colour changing lights and giant pool to labour in even though I wasn't officially dilated enough.
Managing that labour with my severe, extreme anxiety and going through it without pain relief and getting a beautiful, calm waterbirth was - well - amazing. It helped so much.
I don't imagine if I do have another that it will ever be anything like that, I don't think anything could ever have compared.. so I don't say it was amazing because that's some sort of cool thing to say or because I'm all woo and brainwashed but because at this incredibly difficult time in my life, the culmination of years of other trauma I had kept buried, things worked out and I managed to go through it without making a decision that was about my fear.