Ever since upgrading to OS 10.8, I've lost the mac drop-down menus when in fullscreen mode. This is true even after the most recent Parallels 7 update. I might be one of the few people who likes having the drop-down menu appear when I mouse-over the top of the screen; but I really do use it a lot. Does anyone know of a way to re-enable it? Thanks.
It sounds like you are not using the "Use Mac OS X Full Screen" option. Enable it in the Full screen settings for the VM. Steve