lvm based kvm guests are fast but you lose some flexibility, playing with kvm on my desktop I prefer to use file based images. Converting from lvm images to qcow2 isn’t hard but the documentation is sparse.
1. use qemu-img to convert from an lvm to qcow2 format:
qemu-img convert -O qcow2 /dev/vg_name/lv_name/ /var/lib/libvirt/images/image_name.qcow2
If you want the image compressed add ‘-c’ right after the word convert.
2. edit the xml for the image
virsh edit image_name
modify the disk stanza, adding a type to the driver line; on the source line change ‘dev’ to ‘file’ and modify the path:
driver name='qemu' type='qcow2'
Creating images from with a base image allows quick rollouts of many boxes based on an single install – for example I have a ‘golden image’ of Ubuntu, I can stop that VM and create 2 servers using the original VM disk as a base file and writing changes to different files.
qemu-img create -b original_image.qcow2 -f qcow2 clone_image01.qcow2
qemu-img create -b original_image.qcow2 -f qcow2 clone_image02.qcow2
Taking this further I can then snapshot both images so once I start making changes, rolling back to a point in time prior to the changes is very easy:
qemu-img snapshot -c snapshot_name vm_image_name.qcow2