If I remember correctly from pharm, blood vessels are not innervated via the parasympathetic system (so there is no ps innervation via muscarinic receptors). The blood vessels only receive innervation via the sympathetic system's adrenergic receptors. Muscarinic receptors are primarily located in the heart, smooth muscle (think GI system) and glands.
I have a question now. I vaguely remember hearing that blood vessels do have receptors for ach- but they are kind of like receptors dangling in the wind since they are not connected to nerves. If I am remembering correctly, these 'dangling receptors' are remnant receptors (i.e. birds DO have muscarinic receptors...has something to do with flight). Although the receptors do exist; they don't do anything since ach is not floating around in the vasculature. I don't know if I'm making this up...but I do remember hearing something like this