Each server's NLB network card operating in multicast mode has two MAC addresses (the original one and the virtual one for the cluster), which causes some problems. Most routers reject the ARP replies sent by hosts in the cluster, since the router sees the response to the ARP request that contains a unicast IP address with a multicast MAC address. The router considers this to be invalid and rejects the update to the ARP table. In this case, you need to manually Configure Static ARP Resolution at the switch or router for each port connecting to ESX's NICs.
VMware KB: Microsoft Network Load Balancing Multicast and Unicast operation modes
VMware KB: Sample Configuration - Network Load Balancing (NLB) Multicast Mode Configuration