There are a lot of things to consider. What's important is how is the data being used, and how often. More reads than writes? Large sequential accesses, or a gazillion short reads/writes all over the place? What's your backup solution? Do you have a need for business copies? And if so, do you need to be able to split of a mirror (almost) instantaneously? How many boxes need to see the disks that form the database? That is, does Oracle run in a cluster, and if so, of how many nodes?
Things that will influence your I/O performance:
- FC vs. SCSI.
- If you have FC, the fabric and the switches involved.
- Number of controllers that can access the data.
- Other traffic going over the same controllers.
- Your storage box (from just a bunch of disks to large storage devices like an EVA or an XP)
- Size of all the caches and buffers involved.
- Number of spindles.
- RAID settings.
- Setup of your hot/warm spares. (This, together with the RAID settings may have an extra performance impact when one or more disks have failed)
- Size of the disk and its frequency (rpms).
- Synchronous or asynchronous access.
- LVM settings.
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