Forgot, I'm running 10.10 on x86_64 quad core. I followed the suggestion in bug 545521 and removed everything under ~/.gconf/apps/panel/general and ~/.gconf/apps/panel/toplevels, rebooted and then everything worked (but all customization was lost of course). Attaching the removed files in case they are of any interest.
** Attachment added: "gnome-panel.tar.bz2" https://bugs.launchpad.net/ubuntu/+source/gnome-panel/+bug/479826/+attachment/3305019/+files/gnome-panel.tar.bz2 -- You received this bug notification because you are a member of Desktop Packages, which is subscribed to gnome-panel in Ubuntu. https://bugs.launchpad.net/bugs/479826 Title: gnome-panel consuming 100% of CPU and driving up memory Status in “gnome-panel” package in Ubuntu: Confirmed Bug description: Binary package hint: gnome-panel After rebooting today gnome-panel is consuming 100% of my CPU and slowly driving memory up to 100% also. I had installed the latest updates just before rebooting. I have tried tried killing the process but it just starts again immediately at 100% CPU. I have tried restarting again but just to the same results. ProblemType: Bug Architecture: i386 Date: Tue Nov 10 07:28:02 2009 DistroRelease: Ubuntu 9.10 ExecutablePath: /usr/bin/gnome-panel Package: gnome-panel 1:2.28.0-0ubuntu6 ProcEnviron: PATH=(custom, user) LANG=en_GB.UTF-8 SHELL=/bin/bash ProcVersionSignature: Ubuntu 2.6.31-14.48-generic SourcePackage: gnome-panel Uname: Linux 2.6.31-14-generic i686 XsessionErrors: (gnome-settings-daemon:5199): GLib-CRITICAL **: g_propagate_error: assertion `src != NULL' failed (gnome-settings-daemon:5199): GLib-CRITICAL **: g_propagate_error: assertion `src != NULL' failed (polkit-gnome-authentication-agent-1:5460): GLib-CRITICAL **: g_once_init_leave: assertion `initialization_value != 0' failed (nautilus:5409): Eel-CRITICAL **: eel_preferences_get_boolean: assertion `preferences_is_initialized ()' failed (gnome-panel:5348): Gtk-WARNING **: gtk_widget_size_allocate(): attempt to allocate widget with width -21 and height 24 To manage notifications about this bug go to: https://bugs.launchpad.net/ubuntu/+source/gnome-panel/+bug/479826/+subscriptions -- Mailing list: https://launchpad.net/~desktop-packages Post to : desktop-packages@lists.launchpad.net Unsubscribe : https://launchpad.net/~desktop-packages More help : https://help.launchpad.net/ListHelp