Upgrade to Parallels 5 changed user account

After upgrading from Parallels 4 to Parallels 5:

1. It makes me log into a user account named BareBones. It used to simply start windows xp. I recall using this user account a very long time ago while trouble shooting with Parallels tech support. I haven't even thought of it for months.
2. I have lost everything from the My Documents folder. It is as if I am a brand new user.
3. It shows a my computer as MBP (the name I gave my Mac Book Pro.) It should show my Mac Pro's instead.

What can I do to regain my lost folders, log in without the welcome screen forcing me into the BareBones user account, and getting Parallels to recognize which Mac it is actually running on?

 

I found out that this was caused because my parallels configuration was pointing to an obsolete file.