Why RAC when there is virtualization?

I struggle with the question why to use RAC when virtualization gives you the same benefits for less money. Or am I totally wrong.
I mean with virtualization you get, resource management, fail over and all that to a lower cost. "Consolidation of servers".
A couple of things that I can think of that RAC supplies such as load balancing, FAN etc are nice features but not vital to our needs.
Hoping for input from other forum member so that I can get this question cleared, or maby there is no such answer.

Quote:
Once you've allocate all the resources from one box, where do you go next with virtualization? Ditch the server and move the VM onto a bigger box? That's a bit wasteful.
Yes this is true depending on what HW the host is running on & the type of database. In our case we do not have that big databases, we have many but none of them are high resource consuming.
But that is exactly the input i am looking for.
The reason is that i am trying to consolidate our current platform that consist of many different flavor & types (HW, OS & Cluster) into one single standard platform for our Oracle databases. And our *NIX team are really into the virtualization tech.
For me to propose and stick to a RAC solution I need facts, at the moment i am kind of stuck in the middle.
Quote 2:
With Oracle VM you can run two 2core VMs, one on each server, and only pay Oracle for 4 cores. Leaving all the other cores free to run other stuff, like app servers.
Well I do not know if Oracle has changed its licensing model while presenting VM, but the last time i checked with Oracle, I have to pay for all 32CPU's and not only for those "4" that i am actually using. "The reason they gave was: There are 32 CPU's that you can use within the machine, and therefor you have to pay for 32."
This is a really awkward way of licensing, but that may have changed now when the VM has been released.

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