what's the first thing you think when the alarm goes off in the morning. for as long as i can remember it's been "god, i wish i had a machine that could stop time." imagine the wonderful things you could do!
a) sleeeeep!!!!! for as long as you want!!!!
b) do whatever you want!!!! time is not an option!!!!! take that long lunch you deserve or take your time at the gym!
c) with time frozen, other people would be frozen in the space time continuum as well. you could take joe shmoe walking down the street, balance a frozen poodle on his head, and place two frozen cats by his feet. make sure you have a video camera ready when you start time again!

this is what grad school does to you.