ESXi Online Converter CLI P2V without vCenter using Managedspec and PRODUCT_MANAGED

Basic instructions on how to P2V a live Windows 2008 R2 64bit server with the VMWare 5.0 Converter CLI. Seems to work without the need for a vCenter.

C:\Program Files\VMware\VMware vCenter Converter Standalone\converter-cli -s p2v.xml

where p2v.xml contains:

<p2v version="2.1" xmlns="" xsi="" schemalocation=" p2v.xsd" uninstallagentonsuccess="0">
<creds host="" password="" username="">

<managedspec vmname="bak_dc02">
<!-- username and password may be omitted, in which case you will be interactively prompted for credentials -->
<creds host="" username="root" password="Password">
<importparams targetproductversion="PRODUCT_MANAGED" clonepagefile="false">