Hi,
In case you're interested, Laszlo published a demo[1]
of how(!) a watchdog works in oVirt. This is very useful
if you wish to make sure a VM will restart in case of
BSOD or kernel panic.
Although not merged yet, it's expected to be merged in
the coming 1-2 weeks.
[1]
http://www.youtube.com/watch?v=-dJLmLxXn4o