Does time really fly?

A few days ago I was sitting with some friends and we were reminiscing about what we were doing last year at the same time and someone uttered the enevitable: "Oh my God, is that a year ago already?!?".

I've always filed this statement in the "very annoying" category. I simply just don't understand why it always comes as a surprise to some people that time actually passes in this world.

Today I stumbled on this article about the subject on the BBC website

Maybe we just have different perceptions of time. I, for one, am definitely surprised that writing this entry has taking me only 5 minutes. It felt more like 20! So in effect I live my life 4 times slower than others - at least while blogging.