This article provides information on frequently asked questions and answers regarding drivers/firmware on ESXi hosts.
To determine the Network or Storage Firmware and Driver versions in an ESXi host, refer the KB: Determining Network/Storage firmware and driver version in ESXi.
Many times people assert that older versions of driver and/or firmware are "supported" because they are listed on the HCL.
However, it is a fact that if newer releases are issued, the only reason for the newer version is to fix one or more defects.
And since the purpose of driver and firmware code is to properly handle I/O, it is a best practice to have the latest bug fix releases of both in an installation.
As a general rule, if one suspects an I/O issue, one should request updated information from the vendor, obtain the updated code, update the server, and then reproduce the error condition.