#Exchange2010 .. This makes an interesting read
http://wikibon.org/wiki/v/Should_Exchange_2010_use_DAS_or_SAN
I think he's overestimating the cost of DAS. For us it is more like $250/TB or less, rather than the $2500/TB he states. Exchange storage frequently never gets reprovisioned after it is set up, and I'd trust the exchange DAG replication way more than a SAN which would just replicate corrupt information blindly.