YES! Hp is in the lead people!
Really though, I usually make a lot of different characters in RPGs, to try out different aspects of the game play. I try a character with humongous strength, being able to beat the crap out of people and crush cars with your pinkie. I try a character with massive amounts of spell power (MP, Intelligence), so I can make them think I crush cars with my pinkie. Maybe with all that spell power I should crush people with my thoughts as well I guess...
Just on later days I've started to like the Endurance/Stamina/Vitality/Constitution/Hit Point stat. Like someone already stated, usually there's gonna be stuff flying at you, trying to kill you, and I want to be left standing. I always reckoned it to be really "bad ass" as well, being able to take a few shots in the stomach, grunting, pulling out a sword (or whatever way you would like to finish him off), and ending his life with the words "Oh, you're in BIG trouble now!"
Really, having much HP makes me feel more manly I guess^^ Being a war torn veteran or whatever, being heroic and all that crap. I don't like my heroes being scrawny little thief's running around stealing peoples toilet seats. That's not heroic in my opinion...I always see characters with a lot of HP as cool I guess. If a Magician/Sorcerer/Spellcasting-hobo is able to take a few punches and dish out some serious pain with his spells, he's cool in my book.
Enough with all this bullshit I spew, I don't even know where I'm going...
Anyways, I usually try out everything with a game anyways, as should you!