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    Anyone have info on this in contrast to SmartOS?

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      SmartOS basically boots off the USB flash stick and runs in RAM, its only purpose acting as a light hypervisor for VMs in zones (either native ones (like FBSD jails) or KVM (which are also run under zones with QEMU being the only process in a zone)) stored on ZFS on persistent storage.

      OmniOS is more traditional in a sense it’s meant to be installed on and used as a host (e.g. for a NAS build), while having all the same tech available.