JB, You can try below command racadm -r %1 -u %2 -p %3 set iDRAC.VirtualConsole.MaxSessions 2 config option  is not required when you use set option 
Hi, Can someone pls show me the syntax for setting the Virtual Console/Maximum Sessions to 2 on iDrac 7/8? (I can't find the racadm command for this particular entry). Thx very much, John Bradshaw 
RACADM