Just got done installing all the software in a Fusion virtual machine (running Windows 7). I was able to get my project deployed and running.
As mentioned by Brett, I did see the USB device disconnect when it was rebooted by Visual Studio, but Fusion has a nice little icon that allows you to manually reconnect the device, so you don’t get the timeout.
Still not positive if that’s truly the issue in Parallels (as my error happens immediately… doesn’t seem to go through a timeout). But just wanted to report my findings with Fusion.
One other thing I just noticed in Fusion. You can tell it to automatically connect the GHI USBizi to Windows, and then you don’t have to worry about doing it manually.
I tried doing the same thing in Parallels, but still haven’t had any luck.
For now, it looks like everything is working great with Fusion.