From the VMware blog at:
(http://blogs.vmware.com/teamfusion/2009/02/vmware-fusion-202-now-available-import-parallels-desktop-4-virtual-machines-and-more.html)
Videos included at the above URL.

VMware Fusion 2.0.2 Now Available: Import Parallels Desktop 4 Virtual
Machines and More!

We’re proud to announce our latest maintenance release of VMware Fusion 2.
VMware Fusion 2.0.2 is a free update for all VMware Fusion 1.x and VMware
Fusion 2.x users.

VMware Fusion 2.0.2 fixes a number of bugs, while adding some
much-requested enhancements. You can read all about it on the release
notes, but the highlights are below. You can go grab the bits here.

Import Parallels Desktop 4 and Parallels Server Virtual Machines At
Macworld we had the pleasure to announce that we had overcome Parallels
Desktop to become the top selling Windows on Mac product for all of 2008.
One of the reasons why people are switching to VMware Fusion in droves is
because we make it so easy to switch, with the ability to import your
existing Parallels Desktop virtual machines directly from the VMware Fusion
user interface.

Ever since the launch of Parallels Desktop 4, we’ve seen many users asking
us for the ability to import Parallels 4 virtual machines. At the same
time, as more and more users recognize VMware Fusion as a server-class
virtualization tool to run on their Mac Pros and XServes, there have been
requests for the ability to import Parallels Server virtual machines.

Well, we’re happy to announce that in VMware Fusion 2.0.2, you can import
Windows virtual machines created in both Parallels Desktop 4 and Parallels
Server.

Virtual Leopard Server

Ever since VMware Fusion 2 Beta 2, with the ability to run Mac OS X Leopard
Server virtual machines, we’ve heard users asking for the ability to mount
a .dmg disk image from a virtual machine. Well, in VMware Fusion 2.0.2,
you can finally do that.

Also, in VMware Fusion 2.0.1, there was an issue with running Mac OS X
Leopard 10.5.6 virtual machines, requiring folks to use 10.5.5, and refrain
from upgrading. This is now fixed too.

Lastly, there had been some issues with installing Leopard Server virtual
machines on the new MacBook, MacBook Pro, and MacBook Air announced in Fall
2008. This is now fixed.

Faster Shared Folders

In previous versions of VMware Fusion, occasionally, when browsing a
Windows shared folder or mirrored folder, you would see a lag from the time
you opened the shared folder to when contents would start appearing. It
wasn’t long, but it long enough to be noticeable, and less than seamless.
We’re happy to let you know that this has now been fixed in VMware Fusion
2.0.2.

Ubuntu 8.10 Intrepid Ibex Support

For all you Linux fans out there, VMware Fusion 2.0.2 now supports Ubuntu
8.10 Intrepid Ibex as a virtual machine, complete with pre-compiled VMware
Tools modules, Easy Install support, and, everyone’s favorite….Linux
Unity view!

And for more information please check out the complete release notes, along
with the known issues section. Enjoy the software, and thanks for your
ongoing support!

The high level? Parallels 4 and Parallels Server VM Import. Mac OS X
Leopard Server 10.5.6 VM support. Ubuntu 8.10 support. Faster Windows
Shared Folders. And a bunch of bug fixes.

Release Notes
here: (http://www.vmware.com/support/fusion2/doc/releasenotes_fusion_202.html)