KVM and CloudStack with oVirt/RHEV

[ilya musayev]

We are under impression that CloudStack can fully managed KVM hosts 
without RHEV/oVirt. However, we want to take it a step further and have 
oVirt (open source of RHEV) similar to VmWare vCenter monitor and 
possible perform additional tasks like perfomance metrics and alerting.

Has anyone tried this yet? Any issues you can think of if KVM is managed 
by oVirt and CloudStack.