I did three languages for VCE: Indonesian, French and Latin.
I took Indo early in year 10 for reasons which are a bit too complicated to elaborate here but it was a very good experience for developing study skills etc. Plus I ended up with a 43 study score, despite having no in-country experience
I really enjoyed the cultural studies side of things too.
In year 12, I did French at school and Latin via distance ed. French was probably my favourite language - it sounds so beautiful and I love the literature/art associated with it. I don't understand why all my friends dropped it. Latin was really painful at the start since I only picked it up in year 10 and never felt like I was on top of the grammar. It was very complicated and confusing but that made it more exciting when I did succeed in SACs etc. Also I loved the ancient history associated with it and studying The Aeneid.
Anyway, now I'm studying French and Spanish at uni. I did year 7-9 Spanish and have always wanted to get back to it and it seems to complement French well. Some may think I'm a bit crazy for doing two languages AND law but languages have always been my passion and I tend to pick up vocab/grammar pretty fast. I hope I'll be able to speak 7 or 8 one day.