Dave,
Check the archives for my subsequent post. It seems IBM has addressed
these issues in z/OS 1.8

See also:
ftp://ftp.software.ibm.com/eserver/zseries/zos/wlm/WLM_zOS_Release_8_Upd
ate.pdf

HTH, 

<snip>
>I am generally opposed to resource groups, however, they do have their
>uses. I find them useful for your purpose (guaranteeing a minimum
amount
>of service). I do not find them useful for "capping" a workload.
>
>The drawbacks I see are:
>
>1) The specifications are in RAW service units( last I heard) rather
>than weighted service units.
>
>2) They must be constantly adjusted whenever a processor changes.
>
</snip>

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