Parallels or Fusion crashing my MBP?

Prior Beta 4 and Parallels 3.0, I could have a Fusion VM and a Parallels VM running at the same time. I can't do that anymore or my MBP crashes. I know it must have been something in Fusion, because the problem started happening when I edited the VM and selected 2 processors. However trying to revert this change didn't fix the problem, and my MBP keeps crashing now. VMware forums suggests this is Parallels that is making my MBP crash.

The guest is XP for both Parallels and Fusion. Nothing fancy as far as programs installed!

Would anyone have a suggestion for me or have experienced this problem?

Following the output of the panic.log:
MACFBSD:~ barnys$ cat /Library/Logs/panic.log
Tue Jun 12 19:49:17 2007
panic(cpu 0 caller 0x009700CC): bad context (0x0_00e4c000, 0x0_75154000).
Backtrace, Format - Frame : Return Address (4 potential args on stack)
0x6420fe34 : 0x128d08 (0x3cb134 0x6420fe58 0x131de5 0x0)
0x6420fe74 : 0x9700cc (0x972f28 0x0 0xe4c000 0x0)
0x6420feb4 : 0x9700e5 (0x0 0x0 0x0 0x0)
0x6420ff24 : 0x970386 (0x6420ffb0 0x1 0x0 0x0)
0x6420ff54 : 0x9706db (0x6420ffb0 0x6420ff88 0x0 0x0)
0x6420ffa4 : 0x96d345 (0x6420ffb0 0x8f 0x0 0xffffff80)
0x6420ffb0 : 0x0 (0xffffff80 0x0 0x1003b 0x0) Backtrace terminated-invalid frame pointer 0x8f
Kernel loadable modules in backtrace (with dependencies):
com.parallels.kext.vmmain(2.2)@0x969000

Kernel version:
Darwin Kernel Version 8.9.1: Thu Feb 22 20:55:00 PST 2007; root:xnu-792.18.15~1/RELEASE_I386


*********

MACFBSD:~ barnys$

 

Is 3D enabled on either platform? I'd try disabling it on both and see if the problem persists.

 

This is not enabled for either VM.

 

Unfortunately, you can't run current version of Parallels Desktop and vmware Fusion simultaneously.

 

This is not true - I am doing it right now. Want a screen shot? PD3 and Fusion b4 side by side with both Coherence and Unity. That said, about 1 in 5 times, starting Parallels will kill Fusion. This started with build 4128. Fusion restarts and runs fine and doesn't kill Parallels.

 

It is Parallels problem and will be resolved soon.

 

When????

This might explain why it worked once for me only, and it is working for some other users I know. I hope the fix comes soon.

 

Same for me, it worked the first time I tried it and I get panic crashes every time now (parallels 3.4128 & VM b4). Same panic log as you too.

I've also lost my parallels toolbar (af few crashes back, unrelated to simultanious apps.)

I feel like things are falling apart....