What version of ESX?   MEM 1.1.x can create the configuration and it supports VDS.  Refer to TR1074 MEM 1.1. install tech report for more info.  Also, TR1075 the vSphere configuration guide has instructions on configuring vDS.  So I'm not sure which document you were using.  Is this 10GbE or 1GbE?    If you have separate physical NICs,  I would still use a standard vSwitch over vDS.   Not really convinced there's a benefit.    
I have read Dell's guide for configuring vswitch for EQL. However, it is assumed that DVswitch is not being used. Does anybody have guide how to do it for distributed vswitch?
How to configure Distributed vSwitch for EQL MPIO?