I'm getting kernal panics everyday on my iMac 27" 2011 model. Sometimes it takes 3 startups as it kernal panics a lot. And once it has started up successfully it will do it randomly in the day. So annoying! I've repaired disk permissions and reinstalled Lion but it hasn't fixed it. 
Can someone help? Here is a log of one of them, cheers:
Anonymous UUID: * * * * * * * * * *4080D9EB-AC0D-4D93-80AD-363CB955F018
Fri Feb 17 00:37:35 2012
panic(cpu 3 caller 0xffffff80002c266d): Kernel trap at 0xffffff7f80f9cd81, type 14=page fault, registers:
CR0: 0x000000008001003b, CR2: 0x0000000000000006, CR3: 0x0000000000100000, CR4: 0x00000000000606e0
RAX: 0x00000000168c000c, RBX: 0xffffff806bde5564, RCX: 0x00000000168c0000, RDX: 0x0000000000000000
RSP: 0xffffff8080c5bce0, RBP: 0xffffff8080c5bce0, RSI: 0x0000000000000000, RDI: 0xffffff806bde7004
R8: *0x0000000000000000, R9: *0xffffff807bf34800, R10: 0x8000000000100000, R11: 0xffffff7f80fe8700
R12: 0xffffff8000000000, R13: 0x0000000000000000, R14: 0xffffff807c007d00, R15: 0xffffff7f80f9cd50
RFL: 0x0000000000010246, RIP: 0xffffff7f80f9cd81, CS: *0x0000000000000008, SS: *0x0000000000000010
CR2: 0x0000000000000006, Error code: 0x0000000000000002, Faulting CPU: 0x3
Backtrace (CPU 3), Frame : Return Address
0xffffff8080c5b9a0 : 0xffffff8000220702*
0xffffff8080c5ba20 : 0xffffff80002c266d*
0xffffff8080c5bbc0 : 0xffffff80002d7a1d*
0xffffff8080c5bbe0 : 0xffffff7f80f9cd81*
0xffffff8080c5bce0 : 0xffffff7f80ee6841*
0xffffff8080c5bd50 : 0xffffff7f80ee6a7a*
0xffffff8080c5be60 : 0xffffff7f80ee6010*
0xffffff8080c5be80 : 0xffffff7f80f43e89*
0xffffff8080c5bec0 : 0xffffff7f80f040ce*
0xffffff8080c5bef0 : 0xffffff8000639946*
0xffffff8080c5bf30 : 0xffffff80006386c0*
0xffffff8080c5bf70 : 0xffffff8000638564*
0xffffff8080c5bfb0 : 0xffffff8000820057*
* * * Kernel Extensions in backtrace:
* * * * *com.apple.driver.AirPort.Atheros40(502.60.2)[B3E0BEBB-520D-30C2-98D0-D0A4D0BAF40F]@0xffffff7f80ee5000->0xffffff7f81026fff
* * * * * * dependency: com.apple.iokit.IOPCIFamily(2.6.8)[F63D4ABE-42DA-33EF-BADD-3415B0CB0179]@0xffffff7f8089d000
* * * * * * dependency: com.apple.iokit.IO80211Family(412.2)[36DA8E21-CA96-3DCF-A6E7-5161AADF8FA8]@0xffffff7f80ead000
* * * * * * dependency: com.apple.iokit.IONetworkingFamily(2.0)[59A00F6B-3710-3E07-9921-70C45782FF8C]@0xffffff7f8098b000
BSD process name corresponding to current thread: kernel_task
Mac OS version:
11D50b
Kernel version:
Darwin Kernel Version 11.3.0: Thu Jan 12 18:47:41 PST 2012; root:xnu-1699.24.23~1/RELEASE_X86_64
Kernel UUID: 7B6546C7-70E8-3ED8-A6C3-C927E4D3D0D6
System model name: iMac12,2 (Mac-942B59F58194171B)
System uptime in nanoseconds: 27881951147572
last loaded kext at 24988877564259: com.apple.filesystems.cd9660 1.4.2 (addr 0xffffff7f80808000, size 36864)
last unloaded kext at 134526834283: com.apple.driver.AppleUSBUHCI 4.4.5 (addr 0xffffff7f80aab000, size 65536)
loaded kexts:
com.parallels.kext.prl_vnic 6.0 12094.676494
com.parallels.kext.prl_netbridge 6.0 12094.676494
com.parallels.kext.prl_usb_connect 6.0 12094.676494
com.parallels.kext.prl_hid_hook 6.0 12094.676494
com.rogueamoeba.hermes 4.1.0
com.parallels.kext.prl_hypervisor 6.0 12094.676494
com.avatron.AVExFramebuffer 1.5.1
com.Cycling74.driver.Soundflower 1.5.3
com.avatron.AVExVideo 1.5.1
com.apple.filesystems.cd9660 1.4.2
com.apple.filesystems.udf 2.2
com.apple.driver.AppleHWSensor 1.9.4d0
com.apple.driver.AppleBluetoothMultitouch 66.6
com.apple.filesystems.autofs 3.0
com.apple.driver.AudioAUUC 1.59
com.apple.driver.AppleMikeyHIDDriver 122
com.apple.driver.AppleUpstreamUserClient 3.5.9
com.apple.driver.AppleMCCSControl 1.0.26
com.apple.driver.AppleHDA 2.1.7f9
com.apple.driver.AppleMikeyDriver 2.1.7f9
com.apple.driver.AGPM 100.12.42
com.apple.kext.ATIFramebuffer 7.1.8
com.apple.iokit.IOUserEthernet 1.0.0d1
com.apple.driver.AppleSMCLMU 2.0.1d2
com.apple.Dont_Steal_Mac_OS_X 7.0.0
com.apple.driver.AudioIPCDriver 1.2.2
com.apple.driver.ACPI_SMC_PlatformPlugin 4.7.5d4
com.apple.ATIRadeonX3000 7.1.8
com.apple.driver.AppleBacklight 170.1.9
com.apple.driver.AppleLPC 1.5.3
com.apple.driver.AppleIntelHD3000Graphics 7.1.8
com.apple.driver.AppleIRController 312
com.apple.iokit.SCSITaskUserClient 3.0.3
com.apple.driver.AppleUSBCardReader 3.0.1
com.apple.AppleFSCompression.AppleFSCompressionTypeDataless 1.0.0d1
com.apple.AppleFSCompression.AppleFSCompressionTypeZlib 1.0.0d1
com.apple.BootCache 33
com.apple.iokit.IOAHCIBlockStorage 2.0.1
com.apple.driver.AppleUSBHub 4.5.0
com.apple.driver.AppleEFINVRAM 1.5.0
com.apple.driver.AirPort.Atheros40 502.60.2
com.apple.driver.AppleFWOHCI 4.8.9
com.apple.iokit.AppleBCM5701Ethernet 3.0.8b2
com.apple.driver.AppleAHCIPort 2.2.0
com.apple.driver.AppleUSBEHCI 4.5.8
com.apple.driver.AppleACPIButtons 1.4
com.apple.driver.AppleRTC 1.4
com.apple.driver.AppleHPET 1.6
com.apple.driver.AppleSMBIOS 1.7
com.apple.driver.AppleACPIEC 1.4
com.apple.driver.AppleAPIC 1.5
com.apple.driver.AppleIntelCPUPowerManagementClient 167.3.0
com.apple.nke.applicationfirewall 3.2.30
com.apple.security.quarantine 1.1
com.apple.driver.AppleIntelCPUPowerManagement 167.3.0
com.apple.driver.AppleBluetoothHIDKeyboard 152.3
com.apple.driver.AppleHIDKeyboard 152.3
com.apple.driver.AppleMultitouchDriver 220.62.1
com.apple.driver.IOBluetoothHIDDriver 4.0.3f12
com.apple.kext.triggers 1.0
com.apple.driver.AppleAVBAudio 1.0.0d11
com.apple.driver.DspFuncLib 2.1.7f9
com.apple.driver.AppleSMBusController 1.0.10d0
com.apple.iokit.IOSurface 80.0
com.apple.iokit.IOBluetoothSerialManager 4.0.3f12
com.apple.iokit.IOSerialFamily 10.0.5
com.apple.iokit.IOFireWireIP 2.2.4
com.apple.iokit.IOAVBFamily 1.0.0d22
com.apple.driver.AppleHDAController 2.1.7f9
com.apple.iokit.IOHDAFamily 2.1.7f9
com.apple.iokit.IOAudioFamily 1.8.6fc6
com.apple.kext.OSvKernDSPLib 1.3
com.apple.driver.ApplePolicyControl 3.0.16
com.apple.driver.AppleSMC 3.1.1d8
com.apple.driver.IOPlatformPluginFamily 4.7.5d4
com.apple.driver.AppleSMBusPCI 1.0.10d0
com.apple.driver.AppleGraphicsControl 3.0.16
com.apple.driver.AppleBacklightExpert 1.0.3
com.apple.driver.AppleThunderboltEDMSink 1.1.3
com.apple.driver.AppleThunderboltEDMSource 1.1.3
com.apple.kext.ATI6000Controller 7.1.8
com.apple.kext.ATISupport 7.1.8
com.apple.iokit.IONDRVSupport 2.3.2
com.apple.driver.AppleIntelSNBGraphicsFB 7.1.8
com.apple.iokit.IOGraphicsFamily 2.3.2
com.apple.driver.BroadcomUSBBluetoothHCIController 4.0.3f12
com.apple.driver.AppleUSBBluetoothHCIController 4.0.3f12
com.apple.iokit.IOBluetoothFamily 4.0.3f12
com.apple.driver.AppleThunderboltDPOutAdapter 1.5.9
com.apple.driver.AppleThunderboltDPInAdapter 1.5.9
com.apple.driver.AppleThunderboltDPAdapterFamily 1.5.9
com.apple.driver.AppleThunderboltPCIDownAdapter 1.2.1
com.apple.iokit.IOSCSIMultimediaCommandsDevice 3.0.3
com.apple.iokit.IOBDStorageFamily 1.6
com.apple.iokit.IODVDStorageFamily 1.7
com.apple.iokit.IOCDStorageFamily 1.7
com.apple.iokit.IOUSBHIDDriver 4.4.5
com.apple.iokit.IOAHCISerialATAPI 2.0.1
com.apple.iokit.IOSCSIBlockCommandsDevice 3.0.3
com.apple.iokit.IOUSBMassStorageClass 3.0.1
com.apple.iokit.IOSCSIArchitectureModelFamily 3.0.3
com.apple.driver.AppleUSBMergeNub 4.5.3
com.apple.driver.AppleUSBComposite 4.5.8
com.apple.driver.XsanFilter 403
com.apple.driver.AppleThunderboltNHI 1.3.2
com.apple.iokit.IOThunderboltFamily 1.7.4
com.apple.iokit.IOUSBUserClient 4.5.8
com.apple.iokit.IO80211Family 412.2
com.apple.iokit.IOFireWireFamily 4.4.5
com.apple.iokit.IOEthernetAVBController 1.0.0d5
com.apple.iokit.IONetworkingFamily 2.0
com.apple.iokit.IOAHCIFamily 2.0.7
com.apple.driver.AppleEFIRuntime 1.5.0
com.apple.iokit.IOUSBFamily 4.5.8
com.apple.iokit.IOHIDFamily 1.7.1
com.apple.iokit.IOSMBusFamily 1.1
com.apple.security.sandbox 177.3
com.apple.kext.AppleMatch 1.0.0d1
com.apple.security.TMSafetyNet 7
com.apple.driver.DiskImages 331.3
com.apple.iokit.IOStorageFamily 1.7
com.apple.driver.AppleKeyStore 28.18
com.apple.driver.AppleACPIPlatform 1.4
com.apple.iokit.IOPCIFamily 2.6.8
com.apple.iokit.IOACPIFamily 1.4
Can someone help? Here is a log of one of them, cheers:
Anonymous UUID: * * * * * * * * * *4080D9EB-AC0D-4D93-80AD-363CB955F018
Fri Feb 17 00:37:35 2012
panic(cpu 3 caller 0xffffff80002c266d): Kernel trap at 0xffffff7f80f9cd81, type 14=page fault, registers:
CR0: 0x000000008001003b, CR2: 0x0000000000000006, CR3: 0x0000000000100000, CR4: 0x00000000000606e0
RAX: 0x00000000168c000c, RBX: 0xffffff806bde5564, RCX: 0x00000000168c0000, RDX: 0x0000000000000000
RSP: 0xffffff8080c5bce0, RBP: 0xffffff8080c5bce0, RSI: 0x0000000000000000, RDI: 0xffffff806bde7004
R8: *0x0000000000000000, R9: *0xffffff807bf34800, R10: 0x8000000000100000, R11: 0xffffff7f80fe8700
R12: 0xffffff8000000000, R13: 0x0000000000000000, R14: 0xffffff807c007d00, R15: 0xffffff7f80f9cd50
RFL: 0x0000000000010246, RIP: 0xffffff7f80f9cd81, CS: *0x0000000000000008, SS: *0x0000000000000010
CR2: 0x0000000000000006, Error code: 0x0000000000000002, Faulting CPU: 0x3
Backtrace (CPU 3), Frame : Return Address
0xffffff8080c5b9a0 : 0xffffff8000220702*
0xffffff8080c5ba20 : 0xffffff80002c266d*
0xffffff8080c5bbc0 : 0xffffff80002d7a1d*
0xffffff8080c5bbe0 : 0xffffff7f80f9cd81*
0xffffff8080c5bce0 : 0xffffff7f80ee6841*
0xffffff8080c5bd50 : 0xffffff7f80ee6a7a*
0xffffff8080c5be60 : 0xffffff7f80ee6010*
0xffffff8080c5be80 : 0xffffff7f80f43e89*
0xffffff8080c5bec0 : 0xffffff7f80f040ce*
0xffffff8080c5bef0 : 0xffffff8000639946*
0xffffff8080c5bf30 : 0xffffff80006386c0*
0xffffff8080c5bf70 : 0xffffff8000638564*
0xffffff8080c5bfb0 : 0xffffff8000820057*
* * * Kernel Extensions in backtrace:
* * * * *com.apple.driver.AirPort.Atheros40(502.60.2)[B3E0BEBB-520D-30C2-98D0-D0A4D0BAF40F]@0xffffff7f80ee5000->0xffffff7f81026fff
* * * * * * dependency: com.apple.iokit.IOPCIFamily(2.6.8)[F63D4ABE-42DA-33EF-BADD-3415B0CB0179]@0xffffff7f8089d000
* * * * * * dependency: com.apple.iokit.IO80211Family(412.2)[36DA8E21-CA96-3DCF-A6E7-5161AADF8FA8]@0xffffff7f80ead000
* * * * * * dependency: com.apple.iokit.IONetworkingFamily(2.0)[59A00F6B-3710-3E07-9921-70C45782FF8C]@0xffffff7f8098b000
BSD process name corresponding to current thread: kernel_task
Mac OS version:
11D50b
Kernel version:
Darwin Kernel Version 11.3.0: Thu Jan 12 18:47:41 PST 2012; root:xnu-1699.24.23~1/RELEASE_X86_64
Kernel UUID: 7B6546C7-70E8-3ED8-A6C3-C927E4D3D0D6
System model name: iMac12,2 (Mac-942B59F58194171B)
System uptime in nanoseconds: 27881951147572
last loaded kext at 24988877564259: com.apple.filesystems.cd9660 1.4.2 (addr 0xffffff7f80808000, size 36864)
last unloaded kext at 134526834283: com.apple.driver.AppleUSBUHCI 4.4.5 (addr 0xffffff7f80aab000, size 65536)
loaded kexts:
com.parallels.kext.prl_vnic 6.0 12094.676494
com.parallels.kext.prl_netbridge 6.0 12094.676494
com.parallels.kext.prl_usb_connect 6.0 12094.676494
com.parallels.kext.prl_hid_hook 6.0 12094.676494
com.rogueamoeba.hermes 4.1.0
com.parallels.kext.prl_hypervisor 6.0 12094.676494
com.avatron.AVExFramebuffer 1.5.1
com.Cycling74.driver.Soundflower 1.5.3
com.avatron.AVExVideo 1.5.1
com.apple.filesystems.cd9660 1.4.2
com.apple.filesystems.udf 2.2
com.apple.driver.AppleHWSensor 1.9.4d0
com.apple.driver.AppleBluetoothMultitouch 66.6
com.apple.filesystems.autofs 3.0
com.apple.driver.AudioAUUC 1.59
com.apple.driver.AppleMikeyHIDDriver 122
com.apple.driver.AppleUpstreamUserClient 3.5.9
com.apple.driver.AppleMCCSControl 1.0.26
com.apple.driver.AppleHDA 2.1.7f9
com.apple.driver.AppleMikeyDriver 2.1.7f9
com.apple.driver.AGPM 100.12.42
com.apple.kext.ATIFramebuffer 7.1.8
com.apple.iokit.IOUserEthernet 1.0.0d1
com.apple.driver.AppleSMCLMU 2.0.1d2
com.apple.Dont_Steal_Mac_OS_X 7.0.0
com.apple.driver.AudioIPCDriver 1.2.2
com.apple.driver.ACPI_SMC_PlatformPlugin 4.7.5d4
com.apple.ATIRadeonX3000 7.1.8
com.apple.driver.AppleBacklight 170.1.9
com.apple.driver.AppleLPC 1.5.3
com.apple.driver.AppleIntelHD3000Graphics 7.1.8
com.apple.driver.AppleIRController 312
com.apple.iokit.SCSITaskUserClient 3.0.3
com.apple.driver.AppleUSBCardReader 3.0.1
com.apple.AppleFSCompression.AppleFSCompressionTypeDataless 1.0.0d1
com.apple.AppleFSCompression.AppleFSCompressionTypeZlib 1.0.0d1
com.apple.BootCache 33
com.apple.iokit.IOAHCIBlockStorage 2.0.1
com.apple.driver.AppleUSBHub 4.5.0
com.apple.driver.AppleEFINVRAM 1.5.0
com.apple.driver.AirPort.Atheros40 502.60.2
com.apple.driver.AppleFWOHCI 4.8.9
com.apple.iokit.AppleBCM5701Ethernet 3.0.8b2
com.apple.driver.AppleAHCIPort 2.2.0
com.apple.driver.AppleUSBEHCI 4.5.8
com.apple.driver.AppleACPIButtons 1.4
com.apple.driver.AppleRTC 1.4
com.apple.driver.AppleHPET 1.6
com.apple.driver.AppleSMBIOS 1.7
com.apple.driver.AppleACPIEC 1.4
com.apple.driver.AppleAPIC 1.5
com.apple.driver.AppleIntelCPUPowerManagementClient 167.3.0
com.apple.nke.applicationfirewall 3.2.30
com.apple.security.quarantine 1.1
com.apple.driver.AppleIntelCPUPowerManagement 167.3.0
com.apple.driver.AppleBluetoothHIDKeyboard 152.3
com.apple.driver.AppleHIDKeyboard 152.3
com.apple.driver.AppleMultitouchDriver 220.62.1
com.apple.driver.IOBluetoothHIDDriver 4.0.3f12
com.apple.kext.triggers 1.0
com.apple.driver.AppleAVBAudio 1.0.0d11
com.apple.driver.DspFuncLib 2.1.7f9
com.apple.driver.AppleSMBusController 1.0.10d0
com.apple.iokit.IOSurface 80.0
com.apple.iokit.IOBluetoothSerialManager 4.0.3f12
com.apple.iokit.IOSerialFamily 10.0.5
com.apple.iokit.IOFireWireIP 2.2.4
com.apple.iokit.IOAVBFamily 1.0.0d22
com.apple.driver.AppleHDAController 2.1.7f9
com.apple.iokit.IOHDAFamily 2.1.7f9
com.apple.iokit.IOAudioFamily 1.8.6fc6
com.apple.kext.OSvKernDSPLib 1.3
com.apple.driver.ApplePolicyControl 3.0.16
com.apple.driver.AppleSMC 3.1.1d8
com.apple.driver.IOPlatformPluginFamily 4.7.5d4
com.apple.driver.AppleSMBusPCI 1.0.10d0
com.apple.driver.AppleGraphicsControl 3.0.16
com.apple.driver.AppleBacklightExpert 1.0.3
com.apple.driver.AppleThunderboltEDMSink 1.1.3
com.apple.driver.AppleThunderboltEDMSource 1.1.3
com.apple.kext.ATI6000Controller 7.1.8
com.apple.kext.ATISupport 7.1.8
com.apple.iokit.IONDRVSupport 2.3.2
com.apple.driver.AppleIntelSNBGraphicsFB 7.1.8
com.apple.iokit.IOGraphicsFamily 2.3.2
com.apple.driver.BroadcomUSBBluetoothHCIController 4.0.3f12
com.apple.driver.AppleUSBBluetoothHCIController 4.0.3f12
com.apple.iokit.IOBluetoothFamily 4.0.3f12
com.apple.driver.AppleThunderboltDPOutAdapter 1.5.9
com.apple.driver.AppleThunderboltDPInAdapter 1.5.9
com.apple.driver.AppleThunderboltDPAdapterFamily 1.5.9
com.apple.driver.AppleThunderboltPCIDownAdapter 1.2.1
com.apple.iokit.IOSCSIMultimediaCommandsDevice 3.0.3
com.apple.iokit.IOBDStorageFamily 1.6
com.apple.iokit.IODVDStorageFamily 1.7
com.apple.iokit.IOCDStorageFamily 1.7
com.apple.iokit.IOUSBHIDDriver 4.4.5
com.apple.iokit.IOAHCISerialATAPI 2.0.1
com.apple.iokit.IOSCSIBlockCommandsDevice 3.0.3
com.apple.iokit.IOUSBMassStorageClass 3.0.1
com.apple.iokit.IOSCSIArchitectureModelFamily 3.0.3
com.apple.driver.AppleUSBMergeNub 4.5.3
com.apple.driver.AppleUSBComposite 4.5.8
com.apple.driver.XsanFilter 403
com.apple.driver.AppleThunderboltNHI 1.3.2
com.apple.iokit.IOThunderboltFamily 1.7.4
com.apple.iokit.IOUSBUserClient 4.5.8
com.apple.iokit.IO80211Family 412.2
com.apple.iokit.IOFireWireFamily 4.4.5
com.apple.iokit.IOEthernetAVBController 1.0.0d5
com.apple.iokit.IONetworkingFamily 2.0
com.apple.iokit.IOAHCIFamily 2.0.7
com.apple.driver.AppleEFIRuntime 1.5.0
com.apple.iokit.IOUSBFamily 4.5.8
com.apple.iokit.IOHIDFamily 1.7.1
com.apple.iokit.IOSMBusFamily 1.1
com.apple.security.sandbox 177.3
com.apple.kext.AppleMatch 1.0.0d1
com.apple.security.TMSafetyNet 7
com.apple.driver.DiskImages 331.3
com.apple.iokit.IOStorageFamily 1.7
com.apple.driver.AppleKeyStore 28.18
com.apple.driver.AppleACPIPlatform 1.4
com.apple.iokit.IOPCIFamily 2.6.8
com.apple.iokit.IOACPIFamily 1.4