[edit 18-02-2011: It has come to my attention that the info in this article was incorrect / outdated. The LSI Logic has a default queuedepth of 32. Even if the LSI could go higher than 32 it would be capped by either the device queue depth or disk.schednumreqoutstanding. To enable a single VM to have a queuedepth larger than 32 the pvscsi card should be used and for optimal performance all layers should be aligned.)
A couple of months ago at the Dutch VMug meeting Bouke-Jumé gave some good storage tips. This is one of them:
The LSI Bus Logic Controller / Driver has a standard queue depth of 256. Although it isn’t possible to set this higher it is possible to add a second controller and when you make sure the SCSI ID of your disk corresponds to the SCSI card you will have another queue of 256. This can lead to improved performance for Database Servers, Fileservers and other I/O intensive VM’s.
Open the properties of the VM,
For the first disk and SCSI Controller 0 go to the virtual disk and select 0:X
For the second disk and SCSI Controller 1 go to the virtual disk and select 1:X
And so on…