I have had parallels working on several occasions in the past but a recent attempt to get it working again failed. I couldn't even get it to boot the installer.
I just did a Parallels 5 on Snow Leopard a few days ago. To get anywhere you have to use a 9atom ISO. I have a terminal instance installed but haven't had time to do any serious banging on it. I have noticed that twice now 9pcf has panicked while the VM instance was sitting idle. I don't remember the panic message, but I should be able to reproduce it easily enough.
--lyndon
