So I'm now reading my friends page in the morning and the evening. Yesterday I caught up in the morning but didn't have a chance to read it after work. I read the new posts today. Start time: 11:10am. Finish time: 12:25pm. That was over an hour for a bit over a day worth of posts. By the time I was done, there were 8 new posts to read.
Assuming I'm nominally awake for 16 hours per day, livejournal is sucking up 6.25% of my waking time. There are 112 waking hours in a week, minus say 50 hours work-related (travel, work, lunch) leaving 62 hours of "my" time per week. If I spend an hour per day reading livejournal, that's over 11% of my time spent reading about other people.
I've had a tendency to start reading journals or communities or rss feeds that even marginally interest me. Some of them are rather high volume (eg. linguaphiles averaged 10.7 posts per day in the month of feburary). With the number of other projects I want to and have to do, I just don't have time for this stuff.
It's time to cut the crap. Let the culling commence.