Right now you can buy a host with a single CPU, let's say 6 cores, shove in 
let's say 64gb of RAM and you need 1 CPU license based on the feature set.

Now you'd need 2 or 3 "CPU" licenses but not to license additional CPU's but 
RAM.

From: Joseph L. Casale [mailto:[email protected]]
Sent: 13 July 2011 13:15
To: NT System Admin Issues
Subject: RE: vSphere 5 - Big License Changes

What specific part about the new model do you find unappealing?
I might be misunderstanding it, but I thought it was a good idea?

From: Michael B. Smith 
[mailto:[email protected]]<mailto:[mailto:[email protected]]>
Sent: Wednesday, July 13, 2011 6:12 AM
To: NT System Admin Issues
Subject: RE: vSphere 5 - Big License Changes

Great way for vmware to drive customers to Hyper-V.

Regards,

Michael B. Smith
Consultant and Exchange MVP
http://TheEssentialExchange.com

From: Paul Hutchings 
[mailto:[email protected]]<mailto:[mailto:[email protected]]>
Sent: Wednesday, July 13, 2011 3:39 AM
To: NT System Admin Issues
Subject: vSphere 5 - Big License Changes

http://blogs.softchoice.com/advisor/2011/07/12/big-changes-in-licensing-model-for-vmware-vsphere-5-vmware/

Note how licensing is moving to be CPU based but limited by vRam.
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