I don't have an immediate need for v3.0, but it does provide better/compatible graphics support for some software.
Ensure you stop/quit your virtual machine before upgrading Parallels. A friend told me that having the virtual machine in a suspended state may result in some nasty side affects after one upgrades the core Parallels software.
Tidbit. Parallels v2.0 has build numbers in the 3xxx range, and Parallels v3.0 has build numbers in the 4xxx range. A tad misleading for the user.
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Saw your comment on my blog. Thanks for the advice. Also, not sure if you have the same problem as I do on 3.0. I do get a lot of unable to suspend the machine because OpenGL or DirectX application is still running.
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