Procrasturbation [pro·cras·tur·ba·tion]: A similar experience to masturbation, it feels good while you're doing it but afterwards you realize that you just did yourself; Doing more pleasurable things in place of less pleasurable ones; Masturbating as a form of procrastination.
Ex: "I didn't feel like working on my project so, instead, I just laid around procrasturbating." "Your first tip is to avoid procrasturbation." "Man, I love procasturbation!"
I suspect we have all been guilty of procrasturbation at one time or another. You know you have things to do, but you get that tingling sensation in your penis that says, "I want to play. Give me a quick solo, and then you can go back to what you're doing." The only problem is that once you are finished procrasturbating, then you are spent and of you are like me, then you want a nap. Happy procrasturbating!