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I've upgraded from PD8 to PD7 and I had tons of problems.
My VM is useless.
So, how can I downgrade from PD8 to PD7.
The problem is that there is no uninstaller in the PD8's DMG file.
Fortunately I was able to mount my corrupted virtual Hard Disk and recover most of my data (thought there was one folder of pictures that seemed to be permanently destroyed).
I'm pretty good at figuring out things in Windows and have had my Mac now for a year and am getting used to it however before EVERY update from Mac or Parallels I do a complete CCC backup (Carbon Copy Cloner) of my entire disk just in case. In the past things have not worked as I liked so I'd try to fix them and if in the end I couldn't all I had to do was restore the entire hard drive and everything as back to normal again. I'm sure there are faster ways of doing things but I don't trust Time Machine yet (because I haven't taken the time to read more about it so I don't completely understand how it does things and what it can actually do). I do however trust CCC and I even though my free version worked fine I have the paid version since last month.
You sound like you know a lot about systems so it boggles my mind and have to ask, you didn't do a backup before trying to update to PD8? Why would you have gambled and lost any files, let alone pictures when a backup is so simple?