November 6, 2009 update: I’ve taken a look at Fusion 3 vs Parallels 5.
November 5, 2009 update:
Parallels 5 is now out too, which also supports DirectX 9.0c and Shader Model 3 (PS3.0). I’ll have to test it later.
October 30, 2009 update:
VMWare Fusion 3 has come out, which now supports DirectX 9.0c and Shader Model 3 (PS3.0). If you read this article earlier, you may have noticed that Mass Effect 2 didn’t run on either VMWare 2 or Parallels 4, because they only supported PS2.0. Now that Fusion has PS3.0 support, it *may* now run Mass Effect 2, although I haven’t tried it yet.
In any case, if you’re looking to purchase Fusion, make sure you get version 3 (and not the older 2.0.1), as it’s likely to play even more games.
Finally, feel free to continue reading this review – I apologize for it being insanely long (it was originally split up between 4 pages). Note however that it is now outdated. It’s still valid if you’re using Fusion 2.0.1, but if you’re using the new Fusion 3, keep in mind that your mileage may very.
I’ll try to test both of the latest versions at some point in the future.
VS 
Which one is better for Windows gaming on the Mac…?
Q: I like Apple Computers, especially Mac OS X. Problem is, I also like gaming, and all the games are for Windows. I know I can dual-boot with Bootcamp, but I’d really like to be able to play from within OS X. Question is, are the emulators (or more accurately, Virtual Machines) good enough that I can play my Windows games while in OS X?
A: We’re about to find out…. Read more…