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Yes, adding the mic would make it an acoustic/electric octave viola (or violina, aka Chin Cello). I would much rather use a mic rather than a pickup to capture the full sound of the instrument.
I don't need a preamp, equalizer, or phantom power source, I have those available through other means. However, if a parametric equalizer (e.g. Baggs Para Acoustic) is needed to work with this mic it might be a problem.
BTW cdennyb, I see you're in NorCal... Me too. We're up just a bit above Calaveras Big Trees State Park. Check us out at bigtreestech.com