Hi Ajaz,
With reagrds to a new connection .... The ACE is a flow based device, If the packet is a TCP or a UDP packet, a 5-tuple-flow lookup (source IP address, source port, destination IP address, destination port, and incoming VLAN) we map it to an existing flow, If no flow exists we will need to build a new connection.
Some more information about least conns
Least conns will instruct the ACE to select the server with the fewest number of connections based on the server weight, typically you would use this predictor for processing light user requests... If even load balancing is required and all servers are identical the default round-robin will give you more even results.
Server weights take effect only when there are open connections to the servers. When there are no sustained connections to any of the servers, the least-connections predictor method behaves the same way as the round-robin method.
chris