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(comment deleted)
Request to the mods: please drop the "Microsoft" from the title. This is just a Microsoft Research paper. MSR is almost completely separate from the rest of the company.

(edit: whoops, looks like MS actually uses this system internally. sorry, should have read the abstract)

Only a few of the authors are MSR (our systems group in Beijing actually); it seems like Eric Boutin in Microsoft is the first author on this one (we have many smart people working for Microsoft outside of MSR).
This looks really great honestly. Including IO as a consumable resource is just as important as allocating CPU or memory.