One of Cormac Hogans posts provides a good basis for compares of different storage types for vmware Vsphere and how they stack up.
He discusses the comparisons of iSCSI, NFS, Fiber Channel, and FCoE (Fiber channel over Ethernet)
Somethings worth noting:
NFS easiest to setup / no load balancing./need vlan to secure / NO RDM
FC 16GB is throttled to 8GB by vsphere
ISCSI use CHAP and Vlan to secure
MSCS : only supported on FC.
FCoE: cant redirect protocol to vm.