The title says almost all, VBoxSVC.exe takes all CPU for several minutes (~5-10mins) (on a P4 2.8GHz, 2GB RAM) so that Windows is almost completely frozen.. after a while the CPU hog stops and Windows is responding normally. No guest VMs loaded when hibernated! Only the VirtualBox main application window was open.
I'm not using a Win page file.. just mentioning if that counts, I've no problems with this other than that some games doesn't work perfectly.. but I suspect that it's not the problem here.
Sorry if this a duplicate ticket, tried to search and found only something vaguely similar related to this.