Got this response from support, please try it too and let us know the result:
When the virtual machine is turned off (not suspended), please, in the upper menu choose Virtual Machine > Configure > Hardware > Boot order.
Insert the following line in the "Boot flags" field and save changes:
devices.sfilter.enable=0
I was about to post again, because I can now consistently reproduce the error. However, I will try the above solution and see if it resolves the problem.
Here was my post:
I can now reliably reproduce this:
An error occurred while accessing the Hard Disk 0 used by "Secondstar--7".
Click Retry to try again or click Stop to forcibly stop the virtual machine. If this error persists, please contact the Parallels support team for assistance.
Note: If you stop the virtual machine "Secondstar--7" now, you will lose all unsaved data.
Error ID: PRL_ERR_DISK_READ_FAILED (80021029), errno=22 (Invalid argument).
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Every time I START Parallels/Windows 7 in Mac OS X using a bootcamp partition [i.e. turn ON the Macbook Pro, then start Parallels] I get the above error after about 8-15 minutes, whether I do anything or not.
I then am FORCED to shut down the virtual machine. If I then restart it immediately, I NO LONGER get the error until the next time I start everything up again.
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I will try the above solution - anyone know what it actually does????