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Procrasterbation 

When you spank the monkey to avoid doing real work.
God I really don't want to write this paper..

Procrasterbation is always a good alternative.

ProcrastiNet 

when your internet is being a jackass. when your internet is so lazy it takes 30 minutes to watch a 30-second clip. fat internet.
I was trying to catch up on all the latest videos on youporn.com, but nothing was loading because my internet was procrastinetting again.

procrasterbate

Putting off homework or other important activities in order to masturbate.
I failed my physics test because I stayed up looking at sheep porn instead of studying. I'm such a procrasterbator!
procrasterbate by Gary March 19, 2005

procrasterbating 

The act of wasting time, or putting off other more important activities by masturbating.
1) Last night was awful; I had a sumative essay to finish, but I spent all my time procrasterbating!

2) 'Where's Ed?'
'I dunno, but he has a lab report to finish for tomorrow and you know what he's like... Probably procrasterbating again.'
procrasterbating by Danp February 1, 2007

Procrastinetworking 

The act of perusing social networking sites such as MySpace and Facebook as a means of putting off something that is usually more important.

Guy 1: So what have you been up to today?
Guy 2: Well, I was supposed to be writing my grandpa's eulogy, but that's a total downer. So I've pretty much just been procrastinetworking all day.

procrasterbation 

to put off a responsibility, duty, etc. in order to masturbate.
"did you do the math homework last night?"
"no man, i let procrasterbation get to me and i forgot all about it"