I had the same issue. I closed the lid of the MacBook and reopened it which woke it out of its slumber, but the install/upgrade process left my Paralells install in an unusable state. I have not yet tried rebooting and/or reinstalling, but this does seem to be a big issue.
EDIT: I rebooted and reinstalled and everything works great now. The new native resolution support solves the only issue I had working with it before -- thanks guys! Awesome product. I only wish OSX supported 1600x1200, then my life would be complete
Last edited: Apr 27, 2006