All of the professional reviews I've read picked Parallels over Fusion. So I bought it and run Windows 7 on a MacBook Air with 4gigs of ram. It runs smooth on 4 gigs. I'm surprised your laptop lagged with 8 gigs as I find 4 gigs to be plenty.
Not true. Its somewhat true but not fully. They do see the hardware but with some software help. If they didn't see the hardware I would be able to move virtual machines between macs and I can't. Windows has to activate again.
They only hardware they see may be something that gets passed through like a USB disk drive that you present to the VM for some extra storage. The Processor, vdisk, and others things are virtualized through a software layer.
Windows activation does not prove anything. I have moved VM's from one PC to another (VMware Workstation) and never have had to reactivate Windows in the VM.
Yes similar but different. Similar in there is a software layer sitting between the actual hardware and the VM. That was my main point, though you are right on the deeper details.