After teasing us by announcing a release candidate for beta testers (and a sale that is now over) and posting videos of Quake 4 - a very resource-intensive game - running impressively well in Parallels, this powerful new v3.0 of the leading virtualization suite for Mac OS X has been released. Offering significant new features like we already mentioned, such as the highly-anticipated 3D acceleration (XP for now, Vista to come) and SmartSelect for specifying files types to open in apps across virtualized OSes, this could easily be called the most significant release of Parallels since the advent of Coherence Mode.

Parallels Desktop 3.0 sells for $79.99 and is ready for download now, with 15-day trial keys are available to those who already used trial keys for previous versions.

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(Via TUAW.)