Skype is a bandwidth (or CPU) hog?

Downloaded p2p phone service Skype this AM. Later in the morning, noticed that images on sites were slow/no loading. Turned Skype off, browsing returned to normal. Anyone else have this problem with Skype?

OK, found a couple of threads suggesting others share my pain here but nothing in Skype’s user forums.

Update: things are working smoothly today. Hum.