No, I'm sorry, this wasn't what I meant.
In Parallels 3.0, I would suspend my VM, and there was an option for the Parallels application itself to automatically quit. This no longer happens.
The steps I used to have to take was Virtual Machine -> Suspend, and that was *it*. The VM would suspend, and then the Parallels app would automatically quit. There is nothing in the 4.0 configuration to permit this, that I can see. Help?