Andy's VMware vSphere tip#22: Snapshot issue! Remember a quick method, is just to CLONE out the original VM to a new VM (the CLONE)... The new VM will not have any Snapshots attached. CLONE is a function of vCenter Server. Then once you have checked your new server works, delete the original, and if you need to use the old MAC Address, no it down, of the old VM, and replace it on the new!
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