The cold light will work fine with VC, put in a yellow filter. You can always use graded paper. Ansel Adams thought that the head and stabilizer you have was the greatest thing ever! I have a Zone VI VC cold light head on one of my Beseler 45 enlargers, I use a Metrolux II timer and do split contrast printing works great. Before I would change heads I would work with what you have which IS AWESOME. You can do split contrast with under the lens filters and two exposures. (Google Darkroom Dave on YouTube split printing) What you have was absolute state of the art in the late 80's
Get used to it and you will never want to change. I have Dichro colorheads for 4x5 too works great for VC and color. But for split contrast printing which is a VERY POWERFUL TOOL your head will work fine. Check out Darkroom Dave, it's very straight forward and easy.
You have everything you need, just get going. You bought 3000 bucks worth of stuff for 150
I love digital photography, all the damn fools getting rid of stuff that I could never hope to buy. No substitute for a real OPTICAL print. Now go find some body selling Hasselblads and Leicas at a Garage sale for 100 dollars for a big box full.
Best Regards, Mike