Does Parallels supply conversion for VMWare VM?

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Hunter
Like a lot of others, I gather, I want to convert my VMWare Win7 install to try in Parallels 6. I'm willing to do this if there is a simple (and pretty foolproof) conversion tool supplied by Parallels.

Am I crazy? I believe VMWare supplies a built in conversion for Parallels machines, why can't Parallels supply the same?

Does Parallels supply such a conversion?
 
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