Hooray! The HCC announcement came out today...
By Steve Tunstall on Sep 30, 2011
Check this out.
The 7000 now supports Oracle 11gR2 HCC feature. This is something that, until now, you could only get inside an Exadata. Now, one can use HCC and see a huge savings not only in space used, but also in performance, so long as your database is being stored on Oracle hardware families of ZFSSA 7000 or the Axiom 600.
Very cool. No license. It's ready to go.