luz said:This time it seems only happening when the VM is not paused, so it could also be something INSIDE my XP installation. As it is so minor now it's hard to really reliably observe.
That's not true. XP shouldn't be able to cause Parallels to continuously use more memory over a limit. If something in XP is leaking memory, then when it has filled up the physical RAM you assigned to the VM, it will start swapping to its swap file which is stored in your VM image and will start filling up your VM image. Plus you'll get warnings from XP when you swap file is running low on space and needs expanding (this usually happens automatically unless you've fixed the size f the swap file in XP).
So if Parallels is still constantly increasing memory and never stops then something in the app is still leaking.
In 3120 with show live screenshot on, my VM has been up for 5.5 hours and under fairly heavy strain as I'm compiling quite large projects under Borland C++ Builder and Visual Studio 2005 and parallels is still only using 812Mb RAM. Given there is 16Mb VRAM assigned to the VM also, then I'm not going to start worrying about things until it gets to over 900MB. If it is still steadily increasing at that (sort of 100Mb over your VM memory size) then that probably indicates a leak somewhere.
But your XP installation shouldn't be able to cause this.
Cheers
Russell