I am posting this to get a current email exchange on the passage of time, onto the Blog
Jim has suggested that there may be a link between the bottleneck, and the phenomenon whereby the apparent flow of time varies with what we are doing. I will leave Jim to post detail on this, but Jim's comment "everything seems to be in slow motion when you fall off a motorbike" I thought was very interesting.

My own thought is that we enter an unusual state (for an adult) when we have an experience which is almost entirely novel. In normal life we experience (and inhabit) our historically based simulation with minor updates from Now. During an accident we have very little simulation based material, and are having to construct a new predictive simulation "on the fly", in real time. Perhaps our simulation is having to wait for sensor based updates for each "frame". We can no longer retrieve appropriate approximate frames from our memory, we have to build conceptual images from scratch.

Perhaps it is the unusual nature of such experiences that interferes with our usual sense of time. Perhaps our sense of time then becomes the rate of change in perceived novelty in the situation.
I am sure my PC experiences something similar!

Jim, Kevin and others, please do add your comments to this thread

Richard