I once heard it said that "Time is Nature's way of keeping everything from happening all at once."
Transcending time while in the mode of Attention is a universal constant for us human beings it seems. When you become "One" with what you are doing, be it 'chopping wood' or 'carrying water', time loses its grip on your mind.
As Martha Stewart might say, "It's a good thing!"
gassho,
toodlums