I followed the advice to go from SYSTEM to MANAGED but then experienced
a far worse CPU usage towards 120% (dual core laptop).

The network controller apparently does not work for me since my machine
(running both as Eucalyptus server and client) is not prepared for Xen,
which is a prerequisite. It shall work as KVM only.

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high CPU usage from cloud controller
https://bugs.launchpad.net/bugs/403969
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