1. A method for performing a crashdump in a virtualized computing environment comprising a plurality of virtual machines, said plurality of virtual machines operating in connection with a virtual machine monitor, comprising: designating one of the plurality of virtual machines as a dump virtual machine for executing crashdumps, the designated virtual machine having non-virtualized access to a storage device and ability to address all virtual memory; providing said dump virtual machine with access to non-virtualized physical memory of the virtualized computing environment; and when one of said plurality of virtual machines fails, performing a crashdump with said dump virtual machine.