I'm also suspicious of the <1hr I see alotted for email and news (all while getting 7000+ karma here?!). If that's the case, you are fabulously unique (I'm saying this with a database of data with millions of man hours of attention data-- lots of them from web developers).
Of course, maybe you mean what most people mean when they say "I'm coding", which is a distracted mishmash of IM, news, and email, with a light sprinkling of actual coding in there.
I hereby challenge you to use RescueTime for 1 week and then take a screenshot of your dashboard. :-)