Actually this is an issue even with SRM. It might be helpful for you to read the SRM manual, because towards the end in the appendix there is a section on how to deal with VMs with swap drives. The issue is that the disk signature changes even if you have a ready and waiting swap drive out at the DR site, so to the best of my recollection Netapp recommends creating a gold master image of the swap drive, and then using the same one at the DR site so when the VM comes up the disk signature is the same and it doesn't complain.
On a tangent, in a separate post I talked about swap drives, and how I really question their usefullness. Supposedly you create them for bandwidth savings. However, the small amount of testing I have done have shown no bandwidth savings for creating a swap file for VMs that have their memory properly configured. That being said, my test only included 3 VMs. Are you running mostly Windows VMs? One one volume we have 40 VMs and the daily change rate is between 10-15G and I'm not separating swap or pagefiles. If your ratio is signifcantly less than that, I would be tempted to separate swap.
Thanks,
Philip Arnason