Virtualization significantly helps to implement Disaster Recovery and Business Continuity scenarios. But some one can think that he can install VMware SRM software and DR&BC solution is ready. It's common mistake. VMware SRM is just arround 5% of DR&BC solution. You have to concider right technology and proper proceses with respect of your particular environment. Right technology means storage replications, network high availabaility across datacenters, automation, etc.
Nice article about VMware implementation conciderations is at http://searchvmware.techtarget.com/tip/0,289483,sid179_gci1347066_mem1,00.html?track=NL-915&ad=689280&asrc=EM_NLN_5870851
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