> >     1)      I will be running in LPAR mode on the z890.

You don't get a choice. There is no basic mode on these boxes.

> >     2)      Which means that I can have one V=R machine without the
> > I/O                 pass-through.  So is V=R really any good?
> >     3)      No V=F support.

Preferred guest support no longer exists on these boxes. OPTION V=R is
essentially a no-op. 

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