Hi Lovebown,
My practice time is split in quite a few different directions - if I've got gigs coming up, then I tend to play through the tunes and work on anything that seems 'rusty', which can range from getting the right phrasing on a particular melody, to intonation on some fretless chords to getting my looping in time.
When I'm not in gig mode, I tend to start with just maintainance - keeping my intonation where it should be, keeping my playing 'clean' - the exercises I would do involve laying down some sort of loop to play over, which could be a chord or a progression or a bass line or whatever, and then taking rudiments - interval studies, arpeggios etc, and making them musical - I never spend that much time just walking up and down scale patterns or whatever, more taking that material and trying as many musically applicable variations as I can...
I also spend time on theoretical things, looking at chord substitutions and seeing what works (often over a looped walking bass part), and I'll often take a simple chord progression and work on melody ideas against it, using intervals studies again, or approach note ideas, or altered harmony things from the melodic minor scale or whatever... It's never as systematic as it should be! Very occasionally I'll stick on a tune in band in a box and play along, or I'll work something out off CD, but I do so much of that when I'm teaching, that it's not a skill that gets rusty too often...
Another thing I work on from time to time, if I haven't had to do much of it for work, is reading - just getting my New Real Book at taking a bass line or a melody and playing through it, getting back up to speed...
and then there's the majority of my playing time which is doing any one of the above for about three minutes, stumbling across a new compositional idea in the exercise and spending the next hour mucking about with that!
happy new year - here's to more practice in 2003
Steve
www.steve-lawson.co.uk (new MP3s and California gig dates here!)