VSys Anywhere lets you create regular lists, but not Intellilists - you need VSys One for those.
You can't delete a list from within VSys Anywhere, but if you set its Expires date, it will go away on its own when that date has passed.
People on list
Note that adding or removing people takes effect immediately; there is no Save button.
You can also create lists from the Person Lookup tool! If there's an Edit lists link, click that, then on Create new list. The list you create will automatically have the selected person added to it.