Mixing with pink noise

 Has anybody tried mixing with pink noise? After watching some videos about it,it could save a lot of time and headaches.I'm going to try it.

It is a tool designed to help you balance a number of sources.  It may also help in getting ref levels better and more accurate with a full mix.  The problem is it brings extra noise and sound into your music which is sort of unnecessary.  You can balance things nicely without pink noise as well.  It is called listening, and use your ears!  Make the necessary changes. With care you can also arrive at the perfect rms ref level for your mix at the same time. 
 
The noise is relentless and is also effecting your ears constantly over time.  You may be better off listening to the music without the noise present. 

I've tried it as well.  It's get you pretty close to the correct levels but when you then start panning you have to re-adjust your levels again, bit it's not bad and keeps you in the ball park.

It’s an ok method that may help beginners with initial levels. It’s not some magic formula. It mostly works on music that follows a very predictable pattern. I see no harm in trying it

I think maybe it can work. It creates a reference noise floor that you are comparing something becoming just audible over the pink noise.  One at a time.  If you do that for a number of sources, and switch the pink noise off then it is feasible the resultant tracks will be reasonably well balanced.  Fine tuning without the noise would be inevitable. 
 
I believe you can also get there will careful mixing and balancing of sources without any noise present.  VU meters can also work a bit this way too.  If you get each source to move the needle the same amount e.g. reaching -8 dB VU. then when you put them all on at once the VU will read nicely up to 0 dB VU say and the sources will also be well balanced. Fine tuning is also inevitable in this case too.