[ovirt-users] Existing Qemu/KVM Host as a node

Is there any information on possibility of using an existing Qemu/KVM host as a node? I like the look and feel of oVirt, and want to use it on my main hypervisor, but I don't want to have to rebuild or import 20 VMs, one of which happens to also be my router. If I were to set up a management unit, and add my existing host as a node, would it be able to import or recognize and use existing VMs?