I've had different models of Fortinet since 2009. They all are physical appliances. I had 300As, and now I'm on 300Ds. I've got a remote site with a different model, which probably is 60F. They are great little firewalls, and for bigger size places, they have 300 models.
I don't have virtual appliances. I don't have a virtual infrastructure. I have an older virtual environment with Hyper-V, and the servers are not up-to-date. It was a money thing. So, it was better to go with the appliance itself.