Parallels Desktop for the Mac was offically release today after a few months of public beta. Running operating systems like Windows XP, Suse and Ubuntu. The release version implements the hardware-based virtualization that is part of the Intel Core Duo chips. This feature was not enabled in the beta. Attempts to run the Vista Beta 2 were unsucessful leading to and ACPI error when booting from the install DVD.
Application testing with Office, Quicken, and Simply Accounting has been very sucessful. Simply Accounting was an application that stubornly refused to work in other emulators. Overall performance is good with no obvious interface lag and the responsiveness is on par with a contemporary PC.