Parallels 8.0.18608. Windows (XP) Explorer very SLOOOOOW to show folder contents.

In my Win XP VM, I double-click on "My computer" and it takes, literally 10 seconds of flashlight before I get my disks displayed. And there are only C, D, E (disconnected DVD) and P (Boxcryptor mounted drive).

I have seen inexplicably long (10 seconds) delays when I access one of the OS X drives through Windows Explorer.

What gives with these delays? Anyone have a clue? It is very frustrating.

I have the VM configured with 1148MB and 1 CPU. This is on a late 2008 MBP.