Verunks writes "Parallels has released a new beta of its virtualization product for Mac OS X. This new release includes one major new feature, something Parallels calls Coherency: "Shows Windows applications as if they were Mac ones. Try it and enjoy best of both worlds truly at the same time. No more switching between Windows to Mac OS." Check out this Screenshot"
More interesting to me is the Boot Camp support so you can have a single partition to run IE7 in Parallels to test compatibility of a website but reboot to play video games that need a little more juice.