Parallels just release an update to Windows virtualization software for Mac. Version 7 available today comes with Mac OS X Lion compatibility has improved full screen mode, launch pad, and mission control as well as it is now 60 percent faster than Parallels Desktop 6 when resuming Windows and up to 45 percent faster for 3D graphics.
You can also share the iSight camera with Windows apps as well.
Finally, there is a a new app (free for a limited time) which improves connectivity and allows full Flach sound and video on iOS devices.
Here is a quick run down of what's new (full press release is embedded below):
Enjoy the best performance on the market
New! Lion integration and support, including Launchpad and Mission Control for Windows programs
New! Shared iSight and FaceTime HD cameras in both Windows and Mac applications
New! Lion as a guest OS
Enhanced! Up to 1 GB of video memory, for ultra-high resolutions and maximum quality settings
Enhanced! With the new Parallels Mobile App, copy-and-paste, enjoy audio, and access your Mac and Windows programs with your iPad, iPhone or iPod touch.
Run thousands of Windows applications at lightning speed on your Mac
Enhanced! Increased graphics performance: up to 45% faster for 3D graphics compared to previous versions
Enhanced! Start, stop and resume Windows more quickly, as much as 60 %, every time you launch Windows
Enhanced! When copying files within Windows, Parallels Desktop 7 outperforms its competitor by 120 %
If you've purchased parallels in the past 30 days, you've got a free update coming - making the $45 Parallels 6 price at Amazon a steal. Otherwise the update is $39.99. For new users, it is $79.95 and for Students, it is $39.99. We'll post a review in the coming weeks.
Full Press Release of Parallel Desktop 7 for Mac and Parallel Movile App for iOS devices:
Here Parallel video demonstration the prodcut: