I was stimulated by this article on Jeanette Winterson's wonderful webpage. I like what she says about reading in particular:
If reading reclaims time, it re-aligns time too. Time for us is always slipping away – we talk about losing time, finding time, making time, and taking time. The well-being we feel when we don’t notice time, because we are happy or engrossed or in love, is the result of those rare moments when time inside us and time outside us are not in conflict. Reading is another way of allowing this to happen, and as it becomes a habit, like all habits it affects the rest of our behaviour too. No question, reading is good for you.