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Just to be clear, I have tried every possible memory configuration short of dropping my VMs below 1GB of RAM each... this is a huge bug in PD 3.0
Got two replies from Parallels support: "Hello, Tim. Thank you for contacting Parallels support. We aware of such problems with 8 core...
I am only assigning 1.5 GB per machine with 64MB VRAM. This was never a problem on my other 4 Core Mac Pro with 12GB of RAM running Parallels...
I've rebooted many times since I installed a few days ago.... seems that is not the cause.
I have a new 8 core Mac Pro with 16 GB of RAM and planned to run multiple VMs at once under Parallels 3.0 but this has proven to be impossible so...