I don't understand why hangouts has to use so much CPU. I have a top of the line, brand new laptop, and using hangouts never fails to heat it up and get the fans going.
In contrast, a multi-way video chat on http://appear.in has much more stable audio and video quality, somehow doesn't require half of my CPU, and doesn't even require a plugin.
My team is distributed, and we use hangouts every day, so this has not been a one-time experience, and it has been like this for years at this point.