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HOW TO: Add an iSCSI Software Adaptor and Create an iSCSI Multipath Network in VMware vSphere Hypervisor ESXi 5.0
also enable Jumbo Frames
HOW TO: Enable Jumbo Frames on a VMware vSphere Hypervisor (ESXi 5.0) host server using the VMware vSphere Client
BUT one thing you do NOT need to do, is the iSCSI Bindings. Label accordingly e.g. vMotion#1, vMotion#2, make sure the override is also set, to if one path fails, the other continues.
if you like you can also VLAN Tag, but make sure the vMotion network is isolated, different VLAN, or private network.
and check using vmkping, that you can ping all the vMotion nics. using vmkping with correct syntax to send packets through the correct vmnics.