Parallels Workstation is an easy to use, powerful virtualization software (like VMWare) that lets you run multiple operating system side-by-side on a single PC without rebooting. You can run Windows XP or Linux from your Windows Vista machine or vice-versa, without suffering from loss of speed. Virtual PC boot up quicker than normal PC, because not all hardware need to be initiated on start-up. Virtual machine technology allows users to install any operating system in the virtual machine, no matter what operating system is installed on your computer. The guest operating system and its applications are isolated inside this virtual machine and share physical hardware resources with the primary operating system. Switching between operating systems does not require rebooting and it consolidate and virtualizes a computing environment which reduces hardware costs, lower operating expenses and increase productivity.
"Parallels Workstation has a sophisticated virtualization engine that enables each virtual machine to operate similarly to a physical computer. Each virtual machine has its own set of virtual hardware: processor, RAM, floppy, CD and DVD drives, I/O devices, and hard disk.”
The latest version of Parallels Workstation cost around $ 50. You can get a FREE registration key for its previous version (Version 2.2) (32 bit only) by providing your details at - http://www.parallels.com/getkey/lunarp/
When installing click on ‘Skip registration’ button and enter the activation code you received by mail to activate the product. [via]
Very informative
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