I too have the same problem. Just installed Avast 5 (registered copy) after being a LONG TERM Norton's user and getting soooo frustrated with pc slow down. I installed one version on my kids' newer pc (atom-based) and it's absolutely fine. Installed onto our home PC (older Compaq Presario Athlon 1.8G with 1G RAM) and have the same problem with afwServ consuming 99% of CPU (!!!!).
I've now disabled the firewall, and what-do-ya-know? It seems to work ok. But this isn't the fix - Please help Team-Avast!!!???
Did you run the recommended uninstall utility that is specified by Norton as the appropriate tool for best removing the version of Norton that was previously loaded on yr system. Sometimes there are remnants left behind that wioll interfere with the smooth running of avast antivirus.
Norton remnants in particular have proven troublesome, and while such remnants may not have been a problem with older versions of avast - these versions being less heuristically inclined (so there no conflict may arise - but I guessing now) - the v5 in avast progression of antivirus solutions is undoubtedly fall into a category of new technology, that is the category amongst softwares which will over time, if successful, become the norms by which users and designers will reference their antivirus programs / apps. And so, if remnants is the problem, and has been the likelihood in recent times, take advantage of the Norton utility and may find this will bring yr system back to best performance,
And on top of that you can then run with the softwares that are likely become industry standards for security in the near future.