Can you run a USB mini projector from a Macbook via Parallels

I recently purchased one of those cheap Tiawanese mini projectors on ebay (Model MUSB100). It features a mini b plug on one end of its cable and two USB plugs on the other. It's designed for PC use and works fine running XP on a Windows PC with the addition of some very cheap and nasty driver software that comes with it called UVTool.

What I was hoping to do was run it via Parallels and XP on my Macbook. I installed the software on Parallels and I could get a picture fine but no sound. I have had a little trouble with USB devices plugged into Parallels before, so I thought I'd download the latest version of Parallels hoping to correct the audio bug. Not a good idea. The cheap and nasty driver software causes Parallels to crash and freeze every time and I have to shut down Parallels and restart. So now that driver software is useless.

I've also tried plugging the two USB leads straight into my Powerbook, but without some sort of Mac driver that can send video out via the USB ports, it won't work.

So here are my options.

Find some other video driver software for XP that will run safely in Parallels and send video out via the USB ports. Or,

Use my mini display port to VGA adapter and somehow find a piece of hardware that will connect the two USB cables from the projector into the VGA adapter on my Macbook. The Projection Resolution is 640 x 480 pixels (VGA).

Any suggestions? Or even another way of doing it?