There doesn't appear to be much in the way of export options in the new player. There's a few presets for iPhones and Apple TV's, but nothing else really, nothing for creating DV streams or image sequences. It looks to me like it's very much still a work in progress, there's no way you could call it a replacement for v7 Pro.

Parallels 4 is currently chewing through my existing VM's and burning my knees in the process. I'm now giving Fusion some very serious consideration.