Data center and networking architecture to keep your data safe and moving
Topic: Network Performance Management
Topic: Blade Servers
Next-generation servers for high-density computing that reduce data center demands and storage TCO
Blog: Cisco Puts the Focus on Blades
Article: Inflection Point: The Future of the Data Center
White Paper: Service-Based Approaches to Improving Data Center Efficiencies
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Network Performance Management
Turning Cost Centers into Dynamic Technology AssetsThis white paper discusses how to build a personalized IT plan that embraces data center projects and technology initiatives related to consolidation, along with the initial steps needed to transform your data center into an adaptive infrastructure.
Introducing Logical Servers: Making Data Center Infrastructures More AdaptiveThis technology brief describes an integrated strategy and long-term vision for logical servers to make a data center infrastructure more adaptive.

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Blades are a funny business. In a single box you combine components from companies that are partners as well as competitors. You may be asking a good question, but you are at least a decade ahead of yourself. The blade market is growing like crazy, but it's such a small part of the overall server market today. Standard 19" racks and the common "U" didn't happen 8 years into the switch and router market.
Also, who's going to build the "standard" connector? IBM would never use an HP design and vice-versa and neither are going to trust an outside vendor's design as blades are crucial to future success.
And what makes you think it's not opimized already? What would make it a "full potential" play? To allow Cisco to build a single switch that works in all blade enclosures? Is that "optimal"? Cisco doesn't build open standard technologies to better their competition - why would HP, Dell and IBM want to do so?
You mention Virtual Connect and Open Fabric Manager. Two very different approaches to simplifying datacenter server management. I'd love to see you you guys put those 2 head-to-head in a bake-off and compare the pros and cons of both.