Well my copy of Parallels 4.0 arrived from Amazon who are selling the boxed upgrade for just £32. I didn’t use the enclosed CD, just the latest version from the Parallels website and the serial number included in the box.
The install went fine, converting my Vista and Windows 7 images went fine and Windows 7 is working fine. However I did have issues with the conversion of the Windows XP image, with some WMI errors.
The new version of Parallels is an improvement on version 3.0, but still don’t like coherence mode (default) which just doesn’t seem right on a Mac, much prefer using Windows in a window.