The these bulk virtual machine clones, it should depends on your storage systems, protocol used, and network bandwidth. It would be nice to see 3rd party tools that can expedite bulk vm clone procedures besides SAN clone solution such as Flexvol. There is another script that does VM clone via vmclone.pl but I don't think its any faster than VC method.
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Regards,
Stefan Nguyen
iGeek Systems LLC.
VMware, Citrix, Microsoft Consultant