I have seen these issues in posts since October 2021. It is now May 2022, and as near as I can tell, I have the most up-to-date possible computer and system currently: M1 Max, 16" 2021 Monterey 12.3.1 Parallels 17.1.2 MacOS VM 12, just downloaded last night. Parallels Tools installed on both the host and the virtual. Everything is fresh install as of two days ago at the latest, as the computer is new. I have the following issues that are obvious, and I am sure that there are more: *No drag/drop capabilities *Only resolution possible is 1440x900 *Right-click via two-fingered trackpad click does not work; control-click is okay, but annoying *Non-obvious whether Parallels Tools is installed on the VM *Cannot sign in with AppleID -- even tried to create a new AppleID and all I get is "This action cannot be completed" *In previous versions of Parallels there was a VM "configuration" set of preferences, where one could change things like cores used, RAM limits, how to connect to networks, and more; I can't find that ANYWHERE I look within Parallels. Not that these are bugs, but what with the new architecture, I can't even run my old Windows7, Snow Leopard, or even Big Sur VMs? Unfortunately, at the moment, the Monterey VM, Parallels istself is useless. It might be worse than useless, as it has taken up my time, and so far is just a waste of my money. My user satisfaction with Parallels on an M1 mac is EXTREMELY low. If they can't put out a product that works, they shouldn't put one out at all. Either that, or CLEARLY advertise that they ONLY way you can use Parallels 17 on an M1 Mac is to run Windows 10 or Windows 11. I NEVER would have purchased the upgrade had I known. That said, here is me giving them the benefit of the doubt: does anyone have fixes for the things listed above? I have uninstalled, reinstalled, cleared caches, restarted Host and VM, all multiple times, but to no avail.