Checkout the release notes for the new version of ESX 4.0 U2
What's New
Enablement of Fault Tolerance Functionality for Intel Xeon 56xx Series processors— vSphere 4.0 Update 1 supports the Intel Xeon 56xx Series processors without Fault Tolerance. vSphere 4.0 Update 2 enables Fault Tolerance functionality for the Intel Xeon 56xx Series processors.
http://www.vmware.com/support/vsphere4/doc/vsp_esx40_u2_rel_notes.html