hi guys,
pushing this a bit forward since there is quite a bit of activity in this area already : http://wiki.centos.org/SpecialInterestGroup/CloudInstance
while there are quite a few people keen on this subject, I've not added names to the wiki page, please come along and either edit it in ( if you are editgroup members ) or request addition and setup a homepage for yourself on the wiki.
going out on a limb here but I am going to propose we get cloud-init out of EPEL into a local repo here so we can mange the entire stack locally for the time being while the larger repo dependancy conversations are ongoing.
Also, this Wednesday's OfficeHours on Wed 22nd at 10:00 UTC ( http://wiki.centos.org/OfficeHours ) is dedicated to the Openstack images conversation.