You can uninstall Parallels Tools from the Windows Control Panel and selecting Add or Remove Programs.
Also you might try repairing Permissions in Disk Utility in Application on the Mac side and deleting the Cache folders in the Library of the System and User Folders. Then Empty the Trash and reboot the Mac. Apple tech support told me to do this with slow running problems and it appears to help me after I install major applications.
My tools originally took about an hour to install, but then I rebooted the MAC and installed them again (very fast) and rebooted the Mac and everything works ok.
Don't know if any of this will help, but it can't hurt.
Last edited: Nov 14, 2008