Yes, this is absolutely right. Microsoft just made available Microsoft iSCSI Software Target 3.3 for download publicly & it is completely supported in production environment. Read more before you deploy this in your production environment…
The Microsoft iSCSI Software Target 3.3 provides storage (disks) over a TCP/IP network. It turns a computer running Windows Server into a storage device which provides shared block storage. You can use Microsoft iSCSI Software Target 3.3 to perform a variety of storage-related tasks, including the following:
You can read more about Microsoft iSCSI Software Target 3.3 over http://technet.microsoft.com/en-us/library/gg232597(WS.10).aspx
For more information & FAQ about this post, please visit the Jose Barreto's Blog who is a member of the File Server team at Microsoft Corporation.