First, I must say that I'm generally very impressed with the current version - does just about everything I want.
However, I have found that it can exhibit high CPU usage at times - say 10-15% on a dual core Athlon 64 (2 GHz). I've also observed it on a P4 machine. Both running XP SP3.
This occurs even when minimised to the task tray. Usage stays consistently high until I fiddle around - change song, or change the number of spectrum bands etc, after which it sometimes drops to the usual level of 0-1%.
I haven't installed any third party add-ons, and run fb2k with the "Album List + Properties (tabbed) + Visualisations" Quick Setup.