In other words, if I create a disk image with Parallels 3, install guest OS on it will I be able to move that disk image to another Mac open that disk image with Parallels 2 Virtual Machine?
In other words, if I create a disk image with Parallels 3, install guest OS on it will I be able to move that disk image to another Mac open that disk image with Parallels 2 Virtual Machine?
You will have to convert the disk from 3 version to 2.5 version manually:
see the article http://kb.parallels.com/entry/28/527/ (without steps #9 and #10)