My free time is split into 3 parts:
Beginning: Spent mourning how previous free time was wasted, and reflecting on the joys of non-free time and all the rubbish stuff that's happened.
Middle: Spent sleeping, listening to stuff, reading stuff, watching stuff, eating stuff, and wishing that something would happen. Occasionally, I write stuff as well, either on MSN, paper, or TSR.
End: Spent getting worked up about things that are going to happen, and trying to organise it all in my head.