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No Problemo I also had a successful upgrade from my XP on 3.0 to the new 4.0 Parallels. The new version definitely uses less CPU than 3.0...
Drag and Drop Hopefully this is useful information in tracking this bug down... I noticed that the drag and drop functionality in coherence...
Confirmed I have the same behavior after installing Security Update 2007-009. A work around would be much appreciated.