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And you wonder why I got out of virtual hosting. If I ever do get back into vhosting, I think I have to go with Lostmind who has the right approach. Do it right, and then you'll have all the success.
If I where to do it again, not that I am considering it...because I am not.....I would go with a 1 TB fiber channel storage and a fault tolerant cluster setup. At some point, some one will put together a solution for you guys that wouldn't go down. At $1.00-$2.00/gig, this type of a solution would work. If you take a look, $1.00/gig is $324/mbps. I wonder where all this money is going?
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