I got the VT-x warning to go away but now every time I start Parallels it shows as "Software Mode 0" under More Info when the VM is started up. If I do not have a VM started, it says "Off".
I installed the EFI update via Automatic Updates, shut down as it instructed, held down the power button until the white LED strobed/flashed, released the power button, a progress bar appeared at the bottom of the screen, the system rebooted, launched back into OSX, a pop up confirmed I am now up-to-date with 1.1, and I clicked "OK" or whatever.
I then went to Apple > Shut Down and shut down the Mac.
Power button was pressed, got back into OSX, confirmed the EFI ROM number was correct as per the 1.1 patch notes.
Launched Parallels build 1970 (installed prior to the EFI update for nearly a week).
About Parallels Desktop > More Info > Virtualization Mode: Off
Started VM (Windows XP Pro w/ SP2)
About Parallels Desktop > More Info > Virtualization Mode: Software Mode: 0
Stopped VM
Apple > Restart
Got back into OSX after reboot
Launched Parallels
About Parallels > More Info > Virtualization Mode: Off
Started VM
About Parallels > More Info > Virtualization Mode: Software Mode 0
Any amount of Shutdowns, reboots, sleeps, etc. now result in no VT-x AT ALL. I run a very plain jane vanilla install of OSX, no use of reFIT or whatever, nothing.
Mac Pro 2.66, 1GB of RAM, default video, etc. etc. etc. etc. etc.
I don't know who it is now, but someone needs to get their shit together as NOW I am definitely not getting what I paid for.
Fix it. Someone.