Configure VM Inaccessible - Lion

I assumed you were running both through bootcamp, sorry

 

I had to do this once I just upgraded to Lion in order for my whole VM screen to appear. It worked great the first time however, now I'm experiencing the same problem most of you are with not being able to get to the configuration dialog. I have deleted all spaces and re-created them to no avail sadly. I've also completely restarted my machine, re-launched Parallels, uninstalled and reinstalled parallels, and no luck.

HELP!!!