I posted a thread detailing exactly what I set out for my characters incl map restriction and so on (within reason):
http://www.gamesas.com/topic/1327492-playing-style-to-cover-all-aspects-without-jack-of-all-trades-discuss-qs/
I play each character per week (7days) on a rotor basis, so I go from Nord to Thief to Mage per week. This spreads things nicely and I made a more logical aproach to each character that best fits the game and guilds.
I fast travel only when returning from a place I walked/use horse to travel to (when its taken me quite alot of real time to get to the location), and to do things such as shop and so on, but thats rare and I use a horse more often than not or walk.
I dont go on a hit list of "to do's" I take my time and do things such as earn money, get my house up together, get friendly with my mainstay city or town and then start the guilds, In between I will travel and explore mainly to open up locations on map but also to advance for skills that I realy need for my characters.
I cant actualy say in hours (I play offline) but I have been playing roughly 3 hours a night since early december and I still havent completed all guilds for characters and main story line at all, nice and steady, after all, the game wont end without me playing it ... why rush?
