A month and a half after the initial release of Mac OS X 10.7 Lion from Apple, Parallels Inc. has released version 7 of their virtualization software, Parallels Desktop. Touting over 90 new features, the update includes such Lion-specific capabilities as support for Windows applications in Launchpad and Mission Control, as well as full-screen support for Windows applications. The update also includes a new look and feel, improved virtual printing, support for iSight and FaceTime cameras in both Mac OS X virtual sessions and Windows sessions, support for 7.1 surround sound and a new 5.1 sound driver, faster network access, improved graphics performance, better power management (meaning improved battery life for laptop users), and access to virtual Windows and Mac OS X sessions from the newly released Parallels Mobile app. ($79.99 new, $49.99 upgrade, $39.99 student edition, free update for purchases after 1 August 2011, 275 MB)
Arrange Icons on the iPhone/iPod touch Home Screens
Unhappy with the arrangement of your icons? You can move them around as follows: First, hold down on any Home screen icon until all the icons wiggle. Now, drag the icons to their desired locations (drag left or right to get to other screens). Finally, press the physical Home button on your device. (Unlike earlier releases, iPhone Software 2.1 doesn't move just-updated apps to the end of your Home screens, so your icons should be more stationary once you've installed the update.)
Remember that you can replace Apple's default icons in the four persistent spots at the bottom of the screen with your four most-used apps!
Parallels Desktop 7
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(there is a thread on the Parallels Forums, titled "Problems with Parallels 7")
Besides this, Parallels 7 seems to be working great under Lion and feels a bit faster then the previous version. And as I don't reboot my Mac that often, the issue is only a minor inconvenience.