A safer alternative to what? Smoking cigarettes? There's absolutely no question that it is.
One is a plant product (smoke is bad to inhale) that naturally contains a number chemicals that you probably don't want to be consuming. On top of this, there are additional additives (which vary by manufacturer) that also have significant health effects. Overview (https://en.wikipedia.org/wiki/List_of_additives_in_cigarette...) and more details (https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2040350/).
The other is almost entirely a mixture of Propylene Glycol and Vegetable Glycerin.
...except when it isn't, as seems to be happening here. The safety of vaping is entirely dependent on what's in the liquid you're vaporizing; always keep that in mind when purchasing it.
Also, do bear in mind that it's probably not fantastic for your health to be chronically inhaling anything other than highly purified air, no matter how benign it may seem. Relative to smoking cigarettes (or any other plant product), it's much safer. Relative to not vaping at all, there are likely to be at least some health risks, even if they haven't been clearly established yet.
> Is there any known experience similar to vaping/smoking of today that has really minimal health consequences but maybe isn't as addictive?
If you're asking about drugs with similar effects to nicotine that are less addictive, I'm not aware of any. You could always purchase vaping liquid that doesn't contain any nicotine though.