We have about 6.5 TB of data in ~31,000 PSTs. Yikes. I set up a proof of concept with EV 8 SP4 and did some testing. My conclusions were basically the following:
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EV is a relatively mature & solid product, and we didn't find anything else that really matched (BTW, we're looking into PST FlightDeck and are still waiting on a concall/demo). It also works with VMs (we have ESX) so you can save some money there. However, be aware that it's not yet compatible with either Exchange 2010 or Outlook 2010. (Before I get flamed for that last comment, let me say that I know & you should know that Exchange 2010 SP1 compatibility has been promised in the yet-to-be-seen EV 9.0, and Outlook 2010 compatibiltiy not until 'sometime' at the end of CY 2010 with EV 9.0 SP1.) If you're in either of those environments now, however, you're out of luck.
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WRT PST Ingestion, if you have a single, primary location, and users are all connected via LAN speed to the Exchange/Archive environment, the server-driven process should work pretty well. Granted, it is not without its limitations and hassles, but I DID get it to work pretty much as designed. Making sure that Outlook is open/closed on the user desktops during these PST Migration tasks will be one of the more notable hassles. Your mileage may vary.
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If you have WAN-connected sites with alot of PSTs on remote PCs/Servers, you're in deep trouble. There is NO officially supported method to ingest PSTs over a WAN link using the built-in EV tools and it will KILL your WAN links. We still don't have a way to do this, and may put the entire project on hold because of this limitation. I've researched and performed my own testing, as well as worked with Symantec Engineers on this one, all to no avail. I don't think this is necessarily an EV-specific issue. I suspect it is much moreso that the nature & scope of what we're trying to accomplish is very huge.
When the Law of Large Numbers is introduced (such as with the scope of our situation) things get much more complicated and tougher. If PST ingestion is a significant requirement (i.e. legal or other compliance) and your situation is primarily like the first scenario above, if you familiarize yourself with the product's limitations and find ways to fill its gaps you should be OK. Definitely get a trial license from your Symantec rep if you have one and do a POC. You can put everything on a single server and use test MBs, as I did. That's the best way to know if it is right for and how it will work in your environment.
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