I have yet to try it on IM.
I went to a second microphone plugged into the front of my HP Pavillion....
Hope this helps someone out there and note that I haven't tested in a 2 way setup yet.
It's true that bypassing the VX3000 built-in microphone avoids the problem, even with IM. However, that doesn't solve the primary problem, which is that the microphone in the VX3000 is defective.
I have had one of these units since a bit before Christmas '06. Based on my success with the unit at that time, I gave one to my brother for Christmas so we could do IM. Since then my VX3000 has started acting up, and so has his. Not at first, but after a few weeks or months of use.
After lots of troubleshooting, trying to route cables differently, moving the unit away from the monitors, etc. we accidentally discovered that if we knock on the VX3000 it seems to jar something inside, and the hum goes away or is reduced significantly. To me this indicates that there is a problem with the wiring or circuit board in the unit. Possibly an intermittent or loose connection.
By now both our VX3000's are beyond the return-to-store warranty period, and would have to be returned directly to Microsoft for repair or replacement. We have not taken that step yet.
You might want to try what I tried to 'fix' the loose connection. Flick your fingertip against the front or side of the unit while you are in an IM session, and watch the microphone display to see if the 'output' indicated goes down. When the hum is present the MSN Messenger microphone meter will be quite high. The meter should show something only when you are actually speaking.