How to import a Fedora Core 7 era KVM Image to Fedora 12?

[Michael N. Moran]

I recently installed Fedora 12 after using Fedora Core 7
for last couple of years. I have a Windoze KVM/Qemu image
that I would like to import to run on my shiny new Fedora
12.

I've launched Virtual Machine Manager, but it doesn't seem
to like my old .raw image file.

Any pointers?