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http://blogs.forrester.com/it_infrastructure/2007/12/3par-hp-and-vmw.html
On December 10th, 2007, 3PAR announced a partnership with HP and VMware to promote a high performance infrastructure architecture that a group of large customers developed, implemented, and validated. Customer references include marquee companies Deutsche Bank, Hilton, Savvis, and Ariba. Coined “3CV,†which stands for “3†Par, HP “C†Class Blade Center, and “V†Mware, the architecture is said to reduce total hardware acquisition cost, cut power consumption, and increase the agility of provisioning, as well as enable consolidation through security at the virtualization layer rather than through physical separation.
Check out this article which is talking about how VMWare and HP blade technologies being a great way of achieving a virtual platform. Blades are very cool, and deployed in the right way with virtualization can be an energy efficient way of providing the infrastructure. The ability to upgrade the blade component of the infrastructure without having to consider the patching/asset management part can be a real enabler for some companies. Ultimately whatever mix of technologies works for you is all that matters.
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