Because there isn't any reasoning, it's just based off the simple fact that PD4 doesn't work on Lion, PD7 does, that's all really. If you upgrade to Lion first PD4 will not work. No point in turning something simple into something complex.
About uninstalling the previous version Parallels, do as they say.
EDIT:
I wrote the following in another thread, it's one example why you should upgrade to PD7 first:
"Also, if there's a problem (shouldn't be any) with opening the PD5 VM in PD7, you can always go back to PD5 if you are still in SL." (replace PD5 with PD4 in your case).
Last edited: Nov 26, 2011