I have encounter this solaris problem and it happens intermittent. When it happens, the system is freezing and unable to telnet/ssh in but the system ip is still able to ping. after that it will back to the normal and everything seems like be normal again. it is sun cluster setup.
The above erros looks to be related with SCSI device. Probe time below states, it was trying to check why it has happened, it failed with timeout.
what operations were you doing there?
do you have backups? The disk may not remount. I would say, as a reasonable guess, that your disk is near death. Can you restore whatever was on the disk? Will you need to restore if it dies completely.
Reboot will solve the problem, probably not in the way you hope.