A DS3400 is an entry level entrerprise storage... It does not matter if it has FC connection... on this type of storage the bottleneck usually are the disk.
200 VMs on 12 SATA disks is an high load.
You can try to build 2 different RAID10 group, to give the LUNs of one group to a controller and the other on the second one... Just to use the double read cache and speed.
But scaling of this kind storage is limited.
Andre