During the 2012 VMworld, VMware announced a new feature is vSphere v5.1 which would allow vMotion from local disk to a destination (local disk, iSCSI, NFS, etc). This type of vMotion (called Enhanced vMotion) combines a traditional vMotion of the VM instance and Storage vMotion so that the entire VM, along with virtual disks, are moved to a new destination. This eliminates the shared storage requirement for vMotion.
This, combined with the removal of vRAM license limitations, makes vSphere 5.1 a very attractive offering for SMB’s.
You can see this new vMotion in action at VMworld 2012 here –