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Parallels is reportedly releasing an upgrade for [Parallels Desktop for Mac][1] later today. The new version is the final release after months of public betas. Unfortunately at the moment the Parallels site is down, but [according to Ars Technica][2] the new version boasts the following new features:
* Mac OS X 10.5 Leopard as the host OS
* Windows Vista as a guest OS
* Coherence: the Windows desktop becomes invisible and Windows applications live on the Mac desktop and in the Dock
* Running from a Boot Camp partition
* Full USB 2.0, built-in iSight, and DVD/CD writer support
* True drag and drop
* Transporter tool for moving an existing Windows installation into Parallels' virtual world
While many of the features have been available for some time in the various public betas, this is the first official upgrade in some time.
One thing I haven't been able to confirm is whether or not the "running from a Boot Camp installation" feature supports Windows Vista. I've personally never been able to get that working with any of the betas I've used.
As mentioned above the Parallels site is currently down, but [this link][1] should take you to the download page whenever the site gets up and running again. The new version Parallels is free upgrade for existing customers and costs $80 new.
[1]: http://www.parallels.com/en/download/desktop/ "Parallels"
[2]: http://arstechnica.com/journals/apple.ars/2007/2/27/7242 "Ars Technica on Parallels"
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