vCHS beta program participants can currently subscribe one of two options: Virtual Private Cloud (shared infrastructure based) or Virtual Dedicated Cloud (partly dedicated infrastructure).
The biggest differentiator is the Dedicated Cloud consumers get dedicated physical infrastructure, including hosts, datastores & VCD. They also get a dedicated vShield Manager too among, other things that the dedicated tin facilitates. Of course, some elements of the offering are still multi-tenancy, as it would be cost prohibitive to run the offering any other way. I suspect that will include storage arrays and networking hardware. By the time you get to dedicated everything, if that is what you are after, it ceases being a cloud offering, in my opinion. It becomes common or garden dedicated hosting. Other guys can do that for you
The VPC mode is more akin to regular, public cloud ‘Share Everything’ multi-tenancy models. Think of the Azure operational model, and you wont be far off.
Speaking of Azure, the interface on vCHS looks pretty sweet. It’s not quite as swanky as Azure’s, but it isn’t far off!