ok what's up with this... parallels tools isn't installing... how the heck to i get it to work? tried restarting..... tried add remove programs... tried deleting the parallels tools folder on the VM. tried cancelling the install... tried installing again... hmmm what the heck?
I have a similar problem. My windows XP VM is only appearing in my Users HOME Folder > Library>Parallels>Winxp. I open that up an voila Parellels works. The Parallels folder under my HD Applications folder is dead it is an "Untitled VM". I can't understand why and no one at the Parellels support line has been able to help me. I paid my money but they were no help at all.
This is a forum for posting solutions, not problems. You will get more help if you post in the appropriate technical forum.