Parallels/Boot Camp questions

[Kevin Callahan]

A friend was asking me the following:

"The demo video that I saw of this ( http://mirror.video.blip.tv/ 
MichaelVerdi-Parallels367.mov ) implies that you can use boot camp  
with the Parallels virtual machine.  Does that mean that it is  
possible to set up your Mac to do dual boot (OSX or Win2k/XP) and  
also, when using OSX and Parallels, run the same Win2k/XP  
installation inside of Parallels?  Seems like some of the critical  
hardware drivers would be different for that Hosted vs Native Windows  
OS.  VMs like Parallels and VMWare usually have their own drivers for  
display, networking, and such.

If booting a Windows partition natively with the option of running it  
in a VM is possible, that could be way cool.  That way if you needed  
the speed, you could natively run Windows (e.g. 3D OpenGL graphics  
apps).

Does anyone know the nitty-gritty of this?"

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