I liked the 4/10 schedule, but I don't think it fulfilled my hopes for it. My intention was to use my off days for my own projects, as I was starting to burn out and feel uninspired. What I found was that it was difficult to shift gears for just a day or two, especially after working long hours the previous several days. For the most part, the off days would just be when I would run errands. Instead of taking a half day to take the dogs to the vet, I would use my free day. So, it was nice enough, but hard to fully utilize well.
Of course, I think the real trick is finding a job that lets you have a good work life balance. My work year, if I were full time, is only ~1500 hours. That, more than anything, is what I'll be looking for in any future jobs.