I have written a free White Paper for The Neverfail Group – a leading provider of high-availability solutions for a variety of different platforms.  The following figure provides a brief architectural comparison of the differences between Microsoft’s Exchange Server approach Neverfail’s H-A solutions.

Figure - Comparing Neverfail vs. Exchange Server HA

The complete paper includes an overview of H-A features in Exchange Server 2007.  You can directly download the White Paper,  Enhancing Exchange Server 2007 High-Availability with Neverfail [PDF File].