Server 2012 iSCSI Target in Production Hyper-V Cluster?

I am looking to update our Hyper-V cluster and am wondering about using the server 2012 iSCSI target as my shared storage between 3 hosts.  Does anyone know if the iSCSI target is ready performance and stability wise to be used for multiple VM workloads including SQL?

I have a server I would re-purpose for this if so:

3ghz Xeon quad core
8GB RAM
10x 300GB 15k SAS drive

Also if you think this would work, would it be best to RAID the disks with the hardware controller and then share via the iSCSI Target or better to JBOD the disks and use Storage Spaces for the "RAID"?