Virtual Machines are presented with storage in manners similar to physical machines via TCP/IP, Fibre-Channel, or iSCSI

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Virtual Machines are presented with storage in manners similar to physical machines via TCP/IP, Fibre-Channel, or iSCSI connections. There are features in virtualization that optimize memory and processor usage, and advanced features that can provide more efficient use of I/O resources. What do you think might be available to provide better use of storage resources in a virtualized environment?
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