Hi Deb0,
I understand why you are anger on this, but look at the shiny side of things. This feature is already out you can test and see how it can benefit you.
Beside hey there is some backup solutions which can still get VMware images without using VCB

. Or you can just go use your traditional backup software till the update come out

.
Ah not to forget HA is always still there for you.
I hope this help some one, if it does please reward points.
Enjoy,
Eiad Al-Aqqad
System X & Storage Technical Specialist
"Physical suck, Go virtual check out
VMware ESX"
Founder of
http://www.VirtualizationTeam.com