Hi there... just to clarify - ROM updates work fine under Parallels. Create an XP image, install Activesync if you need to, and you'll be able to flash and reflash without problems. I'm running Colonels' 3.5 AKU on my HTC Apache and have had zero issues with my Macbook. For what its worth, PAN internet connection sharing (which you'll need if you want to tether off your phone under 3.5) works on 10.4.9+ Macs as well, no Parallels needed.
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