parallels 4 and windows under bootcamp

there is a sticky above devoted to this topic about all the things one must do to have parallels use windows in the bootcamp partition (such as setting up different hardware profiles). do you still have to do all those things or is the process different?
 
Parallel 4 not showing boot camp partition.

Is anyone else having a problem with the above?
I've done what it says in the help file,chosen custom-num of cpu's etc.But when it comes to drives it just has my hardrive and four drop down choices (ide 0-1 etc); Am i missing something?
Theres no box underneath these like in the documentation pic.
 
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