I can give you a little more detail on the why I am doing this.
I have to re-format the iscsi store to increase the block size. The VM's are all shut down. The current block size limits a virtual disk size to 250gb. I would like to make bigger disks. The only way to do it is to format the store. << Not something that I wanted to to but ... that's life.
So Migrate the datastore to the local host is #1. Format the iscsi store #2. Move back the VM's #3.
But I was surprised at how slow it is.
The Host is running an LSI 9260i SAS controller with a RAID 5. It boots fast into ESXi. But I never speed tested the local drives.