I recently installed Veeam monitor 5 (full version) and pointed it at my vCenter. Almost immediately it started reporting "VM Memory swap usage" and "High balloon memory utilization" on about half of my 22 VMs (living on two ESX 4.1 hosts) and these repeat every 10 minutes. I've read the description of the alarms within Veeam monitor, but I don't really understand what they mean.
Before I call support I thought I would ask here if this is "normal", false alarms, a default threshold set too low, or something else? Both hosts have plenty of physical memory left (50% on one, 40% on the other) so the guest VMs shouldn't be memory constrained at ALL at this point. Just looking for suggestions, I guess.