Paravirtualized block device
From KVM
Host side
run kvm with command-line: -drive file=<path_to_your_raw_qemu_img>,if=virtio
you can also specify boot=on in the command-line: -drive file=<path_to_your_raw_qemu_img>,if=virtio,boot=on
Guest side
sudo modprobe virtio_blk
to have virtio_blk driver, you need to upgrade the kernel to higher than 2.6.25.
refer to Virtio