I have an USB headset, and it works fine with the mixer plugin. I can control the sound properly. But when I unplug the headset xfce4-mixer-plugin starts using all the cpu (100%). I'm using Debian packages from debian.corsac.net and I'm running 4.6 RC1. Steps to reproduce: 1 - Connect USB headset. 2 - Add mixer to panel 3 - In mixer configuration see if headset is selected, do not really select it. 4 - Unplug USB headset. Please let me know if you need some more info to replicate this.
Looks like this was a gstreamer bug that was fixed upstream: https://bugzilla.gnome.org/show_bug.cgi?id=614545