Hey everyone, I plan on purchasing Parallels 4.0 Desktop for my MacBook which already has BootCamp set up with Windows XP Professional. VMWare is not an option because I can get Parallels for really cheap through my University. I have some questions about it that I have been unable to find elsewhere: 1. Will converting my boot camp partition to a parallels VM cause me to lose the ability to boot into Windows XP normally with boot camp? 2. How does memory allocation work in Parallels? If I have 2GB of memory and I allot 1 to parallels, does that mean I'll only effectively have 1GB left on my machine even when I'm not running parallels? Also, for a machine with 2GB of DDR2, how would you recommend splitting up the RAM? 3. I plan to download the free trial first. If I decide I don't like it, how difficult is it to remove it from my computer and have my boot camp partition unaffected? Also, will I have to re-setup everything when I get my serial number or can I just register? 4. Should I wait for the next major release of Parallels? How often does the company typically release new versions and for how long should I expect to receive free updates if I purchase now? 5. Will Time Machine try to back up my VM? I don't want this because I have my boot camp partition automatically backing up. Where is it stored on my Mac so I can tell Time Machine to ignore it? 6. Will changes I make using parallels show up when running boot camp and vice-versa? 7. How much space will parallels take up on my mac partition/windows partition? Some of these questions are probably pretty obvious, but I just want to make sure before I take the plunge Thanks in advance!