Thanks Tiffany. Creating the poly layer from the lines was a method shown in an ESRI Meetup seesion; I'd link to it, but it's a login site. The reason for doing it this way, if I understand correctly, is so that after running the C&L tool on the lines, generating the poly layer from them means they will automatically match up correctly. This is different than the method in the data migration white paper.
I'm not sure I understand what you mean by running the topology on both subs & parcels at the same time. Do you mean the 6 rule topology? My understanding is that it's run on the parcel line and poly layer, then on the sub line & poly layer. Also, if I run the rule (sub) 'boundary must be covered by...parcel line', I'm going to get a lot of exceptions to mark where parcel lines don't cover the sub boundary (streets, alleys, etc.), although maybe there's no way around that. Guess I'm confused.