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I have tried multiple times with no luck. Installs OK but while trying to install all my apps back it keeps hanging. VMWare 3.x has been better...
It is disappointing that Parallels did not come out with version 5.0 before the release of Windows 7 and Snow Leopard Server. 4.0 is not there...
Run Parallels Tools install again from the menu, you see an option to remove Parallels Tools. That has worked better for me than using remove/add...
