The storage policies allow the administrator to define which VMs have specific storage requirements. For example: Our critical VMs have an increased flash read cache percentage enabled. This improves the overall performance of these machines. The ability to specify policies for every kind of VM in your data center improves storage efficiency, as well as improving performance, redundancy, and so on for specific VMs. With traditional SANs, configuring this was only possible on a LUN level. With vSAN, we can do this on the VM objects themselves.
One of the things that surprised me was the way vSAN handles a disk failure. It auto-rebuilds the vSAN objects when a failure has been detected. (Note: There are two kinds of failures, and this has a different effect on the rebuild timer.) But, in the end, the cluster is self-healing without any user input needed. The only thing that is affected is purely the raw storage that is lost with the drive.
You said that you would like to see this technology be made available to smaller businesses, who might benefit from high availability but struggle with the entry fee. Have you looked at SUSE Enterprise Storage?