I don't usually repost mailing list messages but just got this one in my inbox from the OpenNode folks. Since I'm a big virtualization geek, I'm sharing. Haven't heard of OpenNode? Here's a brief description before I get to the status update email:
OpenNode is a open source server virtualization solution providing easy to use (CentOS / RHEL based) bare-metal ISO installer and supporting both OpenVZ container-based virtualization and emerging KVM full virtualization technology on the same physical host.
So, OpenNode is a lot like Proxmox VE except OpenNode is based on CentOS and uses libvirt, virt-manager, and other Red Hat standard tools.