This is my first day here.
I haven't had the time to read all seven pages of this post, so please forgive me if I am just echoing someone else here.
Consciousness is simply a way to define the level and direction of cognizant awareness of stimuli.
If your consciousness is aimed deeply within (using abstract emotional thought) and not focused critcally what is happening externally to you (such as sleep [not including lucid dreaming] or a deep state of transcendental meditation for example), then the analytical and alert part of your brain is in a sort of stasis.
You are not actively using the "left" part of your brain (the center of analytical reasoning, and the part that does mathematics and is accutely aware of time).
Therefore the passing of time is something that goes basically unnoticed.
This is why when you play an instrument, paint a picture, compose a concerto, write a poem or novel and other such "right brained" things, time seems to pass more slowly.
It is also why a "watched pot never boils" your consciousness, your awareness and critical thought is focused intently on that pot of water.
That does not mean that time "slows down" for you.
Time is universal.
It is easy enough to prove this...
If you are sleeping, or in a coma, time still passes at the same rate for your body as if you are awake.
Your hair still grows.
Your nails still grow.
You still age.
You may not "notice" the time passing, but it does.
No?