Just like the others have said, Teaming is definitely what you want to do especially if you are utilizing vMotion and Storage vMotion. Ok, just to set the record straight, iSCSI comes as a physical HBA or software based iSCSI. The VMkernel comes with a software based iSCSI which allows you to use standard Network Cards. The ESXi server is the host and your Dell SAN is the target, iSCSI will allow you to create multiple datastores and will be connecting at a fully duplexed 1000Mbps.