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Hal Jordan: The original, and most experienced Green Lantern.

AND

Pissed Off Kyle Rayner: Nearly killed the JLA when he flipped out and would've if he didnt come to his senses right in time.

VS

Parallax: Uncontrollable Hal Jordan, and by far the most Powerful Green Lantern.

lol Parallax is GL at their greatest power. ( he also has Oa's energy)

Parallax takes this.

Parallax is a yellow cosmic 'fear' entity.

Hal and kyle could take him up the bum if they wanted to

I think the original reference was to the Parallax that HalJor became. He would prolly decimate the two GL's. Prolly.. But can't say. HalJor and Kyle are not exactly sissies.

Well, we'll just have to wait for GL:Rebirth#6 to come out to see if parallax (with batman and the JLA/JSA) in his true form is capable of defeating Hal/Kyle/John/Guy/Alan

Parallax, obviously.