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I have only my own anecdotal observations to back this up...but:
On a machine with a sparse amount of RAM, VMWare tends to be better overall.
However, if you have an excess of RAM available, Parallels is a lot quicker than VMWare.
If you intend to use Coherence/Fusion modes (where windows is basically hidden and you can "fake" run Win32 apps native) Parallels works much, much better.
YMMV of course, but if you are running this on a used Intel Mini, go with Fusion.
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