The long history of the Parallels Server release is moving ever closer to an end: SWsoft (which is changing their name to Parallels) has announced that the product has moved into beta. This thing is the holy grail for Mac server administrators, apparently-- it's supposed to not only be the first virtualization solution to run on Apple hardware, but will also allow admins to run multiple versions of Leopard on one box, and even on Windows or Linux servers. I'm pretty clueless at fine art of administering servers, but even I can see how that would have all the IT guys in a tizzy.
It's still a closed beta at this point, so you've got to sign up if you want to experience the magic for yourself. And apparently the Parallels folks work fast, so odds are we're headed for an open beta within a few weeks. Soon, Mac OS Server will be at the mercy of any IT overseers to bend and use at their will.