Slim PMV is a widget that will give the current processor load, RAM usage, system volume and updates every second. Provides independent changing or muting of the system volume via a slider and a button, respectively, the latter of which also serves as a mute indicator. The colors are customizable.
Place near the top of the screen to blindly mute or change the volume by simply dragging your cursor all the way up. If in the upper-right hand corner, just drag your cursor to the top right and click and your volume will mute. This version is the first release on CNET Download.com.