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Oracle Automatic Storage Management has proven to be one of the most widely adopted new features in Oracle Database 10g and it has been dramatically improved in the later 11g releases. This presentation will explain what changes are solved by ASM, how these challenges are solved, what barriers there are to ASM adoptions, and how 11g Release 2 addresses these barriers.
Lots of customers demanded new features in ASM to replace universal volume managers and that's the reason behind introduction of ADVM and ACFS - customer demand. When it comes to ADVM and ACFS, I believe there is a long way to go so if you consider ADVM as replacement for LVM - then it's still a baby.