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I updated to Parallels 6.0.12090.660720 on 6 June and haven't opened it since. Tonight my fans are running flat out and I see that I have this problem too: prl_disp_service was using a whole CPU. Same behaviour as PeterPeltonen described. I haven't noticed this before today. It's tedious.
The last two weeks I've been wondering why my battery life went from ~5 hours to about 1.5 hours on a full charge as my Macbook Pro is only a year old and has the new, not-easily-removed battery. The CPU was also running very hot, constantly. I hadn't had a chance to really look into it until today when I started delving and found the prl_dsp_service running in my activity monitor for no reason. I haven't even used Parallels 6 in about 2 months. What gives? I had to force quit it from the Activity Monitor. I've actually had nothing but bad luck with Parallels being incredibly slow and taking 20+ minutes to open as well and then making my whole computer run slowly when it was open. It's part of the reason I never use it anymore. All-in-all I would never recommend it to friends and now with this "mystery" prl_disp_service problem that opens on its own even when the program hasn't been used in months for which the company doesn't even know how to fix it or why it's doing it, I'm feeling like I simply want to uninstall the whole program and call it a day. This is an unacceptable problem for a program out of Beta.
For those of you on the PD6, have you downloaded our latest update that addresses the recent dock issues? http://kb.parallels.com/111541