Parallels released Version 3 yesterday, and I just stumbled across this.
Looks like VMWare Version 4 (BETA) has been released as well....
I haven't tried this latest version, but I did use a beta of 3, and it seemed pretty good.
One nice new feature in Version 4:
Break down the walls between Windows and your Mac
Say goodbye to the Windows desktop - seamlessly run Windows XP applications just like Mac applications; use Exposé to switch between any application, minimize to the Dock, bring forward only the application you care about, and use familiar Mac keyboard shortcuts. Use the VMware Fusion Launch Palette to easily access all your Windows applications, and keep your favorite Windows applications in the Dock.
Again.. just another nice, convenient way to get Desktop Manager on your beloved Mac!