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I am having the same problem. I also have a new Mac Book Pro 2010 with the new Hi Resolution Display. I can also briefly see the window when switching spaces.
UPDATE: Here is another forum thread dealing with the issue. At the end of this, the user stated that he reported the issue to Parallels.
http://forum.parallels.com/showthread.php?t=101335
Last edited: May 10, 2010