[CentOS] Full server restore-point image

Hi,

After some months of configuring and testing a small server, think
that would be nice to make a full server restore-point image in order
to recover it if something goes wrong in the future, just restoring
the image back and not making the full install and configure process
all over again. The server uses Logical Volumes.

I was thinking on using the CentOS LiveCD and then use dd command to
clone all partitions to another storage device. But I have no
experience on this.

What do you suggest ?

Cheers,

al.