Below is a screen shot of the results of my testing.
Test Setup
Test VM = Server 2008 R2, 8 vcpus, 16GB RAM, 40GB Drive
Hypervisor = ESXi 5.1, each hypervisor host has 2x 10GB nics for storage
Storage = Starwinds 6.0.6399, 2x Nodes 24GB RAM, 2x E5620
Storage network is 10gbit
Each storage node has a DataOn DNS1660D with 40x 600GB SAS drives + 4 100GB SSD as cache(LSI cachecade) connected to a LSI 9286CV-8eCC controller
I tested using PassMark's PerformanceTest 8.0 using the all disk tests. Each test was run twice and the averages were used.
As shown by the graphs the sequential read test was the biggest benefactor of this setting. Going forward I will use the iops=10 setting.

- iops_round_robin.PNG (21.36 KiB) Viewed 13330 times