Parallels supporter here.
I try them both for quite a long time, and finally I choice Parallels. I cannot said it is because Parallels is better but I feel Parallels is less complex compare to VM. And I feel booting up the bootcamp partition from Parallels is more responsive than VM.
I am a very common user that usually using Parallels because of different download program, (mostly related to Chinese character so I cannot find a good replacement in OSX) and I did not need to use any remote desktop or some complex network emule.
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