I've used the IBM and HP blades with SAN for Exchange 2007. I'vew done both FCP and iSCSI connectivity to the SAN. Properly designed it's a non-issue. I routinely see greater latency at the storport driver than I do over the FCP or iSCSI connection.
The whole DAS/SAN arguement is a funny thing. If you read the MSIT whitepaper "Exchange Server 2007 Design and Architecture at Microsoft", you'll find the statement:
"With previous versions of Exchange Server, Microsoft IT relied on SAN solutions to provide the necessary configuration for its mailbox clusters. SAN provided a higher level of availability due to the architecture, and enabled Microsoft IT to achieve the number of disks required for I/O throughput and scalability. Mailbox servers clustered by using Windows Clustering and SAN-based storage enabled Microsoft IT to achieve 99.99 percent availability with Exchange Server 2003, yet the shared storage solution was a single point of failure that was expensive and required specialized skills to optimize and maintain the configuration. Additionally, the mailbox databases on disks remained single points of failure."
A one time bad experiece with tech phone support in the middle of the night from a single SAN vendor which caused a chain of event akin to a Rube Goldberg contraption on steroids highlighting poor design and implementation has caused MSIT to make a scathing generalization about an entire industry.
The DAS design at MSIT used a building block of 6000 users. For 6000 users, the MSIT mailbox server design uses 200 spindles. The power consumption alone when scaled to the entire organization is enough to cause rolling blackouts. Just the aquisition cost of the spindles exceeds the cost of most SAN designs that could deliver the same level of performance and greater reliability. The power and cooling costs of the DAS design in 18 months will likely exceed the aquisition cost of the storage. That's sad. What they could save on operating costs in a month by going SAN would more than pay for the training required to obtain the "specialized skills" needed to optimize and maintain the configuration. What MSIT put in this paper goes counter to the trends of the enire storage industry, and the goals of the people running their own datacenters. Have you seen
SAN isn't the answer for everyone. I'm absolutely certain there are many more 100 seat Exchange 2007 designs than there are 10,000 seat designs. For those small designs, DAS is a highly viable and inexpensive solution. The point is that DAS doesn't scale well. As the mailbox count and storage requirements increase, there comes a point where SAN makes a lot more sense than DAS. Pushing a DAS for every instance philosophy is doing the customer base, and their own datacenter architects and managers, a disservice.