Stalled Virtual Machine Upgrade - Vista

I'm an IT person who has visited this forum prior for clients. I have to concur with most that this is not a smooth process in the slightest. That said, I'd like to be constructive.

After the main conversion of a Parallels 3 Vista drive which successfully made it to the list, upon launch the upgrade starts and never gets past about 25-30% (same priv process mentioned in the forum eats the full cpu on a quad core Mac Pro). Here is what I get in the console:

11/18/08 9:06:21 AM kernel /mon/ Invlpg scheme is 2 for os_type = 2057
11/18/08 9:06:21 AM kernel /mon/ Memory initialized (available: 0x40000 pages, VESA: 0x8000 pages, swap: 0x48000 pages)
11/18/08 9:06:21 AM kernel /mon/ [HpcMonitorOpen] hello from other side! uStartAddr = fffff00000000000 base = fffff00000000000 MonSize = 1007
11/18/08 9:06:21 AM kernel /mon/ [HpcMonitorOpen] Opened successfully
11/18/08 9:06:21 AM kernel /drv/ HypIoctls.c:668 Parallels hypervisor inited (cpus=4 vtx=Enabled vtd=NO svm=NotPresent phy=PAE lin=x32 mem=5120)
11/18/08 9:06:22 AM kernel /mon/ Parallels Ipi=71
11/18/08 9:06:22 AM kernel /mon/ [LoadMonitor] Monitor started
11/18/08 9:06:22 AM kernel /drv/ HypRealCpu.c:578 CPUs calibrating
11/18/08 9:06:22 AM kernel /drv/ HypRealCpu.c:621 CPUs (4) TSC counter calibrating was successful (calibrate time 0 mksek)
11/18/08 9:07:38 AM kernel /drv/ HypVtd.c:3321 [vtdOnMonitorQuit]
11/18/08 9:07:38 AM kernel /drv/ HypVtd.c:1902 [vtdFreeDomain] Unknown domain, do nothing...
11/18/08 9:07:38 AM kernel /mon/ [HpcMonitorClose] Close monitor
11/18/08 9:07:38 AM kernel /drv/ HypVMManager.c:419 Monitor quited successfully
11/18/08 9:07:38 AM kernel /mon/ Invlpg scheme is 2 for os_type = 2057
11/18/08 9:07:38 AM kernel /mon/ Memory initialized (available: 0x40000 pages, VESA: 0x8000 pages, swap: 0x48000 pages)
11/18/08 9:07:38 AM kernel /mon/ [HpcMonitorOpen] hello from other side! uStartAddr = fffff00000000000 base = fffff00000000000 MonSize = 1007
11/18/08 9:07:38 AM kernel /mon/ [HpcMonitorOpen] Opened successfully
11/18/08 9:07:38 AM kernel /drv/ HypIoctls.c:668 Parallels hypervisor inited (cpus=4 vtx=Enabled vtd=NO svm=NotPresent phy=PAE lin=x32 mem=5120)
11/18/08 9:07:40 AM kernel /mon/ Parallels Ipi=71
11/18/08 9:07:40 AM kernel /mon/ [LoadMonitor] Monitor started
11/18/08 9:07:40 AM kernel /drv/ HypRealCpu.c:578 CPUs calibrating
11/18/08 9:07:40 AM kernel /drv/ HypRealCpu.c:621 CPUs (4) TSC counter calibrating was successful (calibrate time 0 mksek)
11/18/08 9:08:53 AM kernel /drv/ HypVtd.c:3321 [vtdOnMonitorQuit]
11/18/08 9:08:53 AM kernel /drv/ HypVtd.c:1902 [vtdFreeDomain] Unknown domain, do nothing...
11/18/08 9:08:53 AM kernel /mon/ [HpcMonitorClose] Close monitor
11/18/08 9:08:53 AM kernel /drv/ HypVMManager.c:419 Monitor quited successfully
11/18/08 9:08:54 AM kernel /mon/ Invlpg scheme is 2 for os_type = 2057
11/18/08 9:08:54 AM kernel /mon/ Memory initialized (available: 0x40000 pages, VESA: 0x8000 pages, swap: 0x48000 pages)
11/18/08 9:08:54 AM kernel /mon/ [HpcMonitorOpen] hello from other side! uStartAddr = fffff00000000000 base = fffff00000000000 MonSize = 1007
11/18/08 9:08:54 AM kernel /mon/ [HpcMonitorOpen] Opened successfully
11/18/08 9:08:54 AM kernel /drv/ HypIoctls.c:668 Parallels hypervisor inited (cpus=4 vtx=Enabled vtd=NO svm=NotPresent phy=PAE lin=x32 mem=5120)
11/18/08 9:08:54 AM kernel /mon/ Parallels Ipi=71
11/18/08 9:08:54 AM kernel /mon/ [LoadMonitor] Monitor started
11/18/08 9:08:54 AM kernel /drv/ HypRealCpu.c:578 CPUs calibrating
11/18/08 9:08:54 AM kernel /drv/ HypRealCpu.c:621 CPUs (4) TSC counter calibrating was successful (calibrate time 0 mksek)