Well, you might know if you searched the forums!!! Lock-up parachute is how PearPC now recovers from what could possibly be a crash. Before, it just displayed infinite Event processing timed out errors.
I submit to Google, Google's ownership of the world, and what Google stands for.
Yes, that is what the Cuda.cc fix does. Sometimes, when PearPC was running, the keyboard and mouse would lock up. These errors mean that PearPC has recovered itself from these lock-ups