I have been reading different things on this subject after doing more research. The subject I am referring to is installing Boot Camp after having Parallels and Windows XP already installed. Below is something I came across.
QUOTE
Just use Boot Camp Assistant to create a partition and install Windows as instructed. After Windows installation, you boot back into OS/X, run Parallels, and create a VM pointing to the Boot Camp partition.
If I do this, will I have two copies of Windows XP on my iMac since I have already installed it for Parallels? If so, can I delete the first install?
Ryan