Under "Parallels Desktop" -> Preferences -> Network, I don't have a "Restore Defaults" button. There are only two boxes to click 'Enable DHCP scope for host-only networking' and 'Enable DHCP scope for shared newtorking'. Currently the box for shared networking is clicked and below reads
Start: 10.211.55.1
End:10.211.55.254
Mask:255.255.255.0
Perhaps the reason the 'Restore Defaults' button isn't there is because I am running Parallels Build 3214 (I know Parallels 4.0 was released, but I didn't want to purchase the software again...).
I clicked 'Install Parallels Tools' under 'Actions' on the VM toolbar and after installing and restarting my windows showed the following error, "The system has recovered from a serious error." The internet is still not working properly, and I can still click on 'Install Parallels Tools'. I've tried installing Parallels tools and had the same issue. Checking the ipconfig/all again- the following items have changed:
DHCP Server...:10.211.55.1
Lease obtained .....Wednesday December 24,2008
Lease Expires....Wednesday December 31,2008
Last edited: Dec 24, 2008