Hi Kelsey,

First of all, as previously mentioned in the thread, the IPOD scenario is absolutely atrocious no matter how you look at it. You pay more to get more hardware to manage to get lower resiliency. Here is a very short paper on why it's particularly important to have HA or FT in a virtual inrastructure:

A way to play around IPOD is replicating local storage across the hypervisor hosts. Here is a doc describing how it's done:

Also, our forums are pretty helpful and you can ask different virtualization, storage, HA questions there: