Update

Back to blogging after a couple of months.
May was hectic at work so I couldn't get back to GMAT until the end of May.
I couldn't give GMAT on my scheduled date of May 15th as something cameup in the last minute at work and I had to attend it!
I have begun GMAT prepping from 1st week of June. Since I was chilling at work for the better part of this month, I got a chance to do some serious prepping during weekday evenings and weekends.
I gave 2 MGMATs over last 2 weekends. From what I saw, I can't say that results have been promising but I can surely say that there is lots of room for improvement!

Here's what I accomplished over the month of June.

1. Official Verbal Guide
2. OG11
Verbal - SC, CR done. RC - currently working.
Quant - PS , DS - half done.
3. MGMAT1 - 590, Q-41, V-31 ( 6/21/09)
4. MGMAT2 - 620 Q-2, V-34 (6/28/09)

MGMAT1 - Quant
I was able to finish the Quant section with a few minutes remaining. This was probably because, I deliberately spent loads of time on some of the probability, geometry problems. Ideally, I should have skipped them if I realize the I'd be spending more then 5 minutes on each of them.
MGMAT1 - Verbal
I was able to finish verbal with almost 15 minutes left! I felt that I didn't do justice for some of the RC, CR questions out of my hurry to finish the test sooner.
Summary: After going through the solutions, I felt that I made a fair amount of cheap mistakes which I could have easily avoided had I been a little more cautious ( both in Verbal and Quant )

MGMAT2 - study
After MGMAT1, I felt that I ignored Quant for too long and picked up OG11 to practise quant. I finished half of PS/DS last week and brushed my verbal ( SC notes ) by practising RC for almost all of the week ( 4 weekdays - 1.5 hrs each day ). I felt much more confident about my verbal abilities and decided to for the test ( wknd ).

MGMAT2- Quant
MGMAT2 is much tougher than I expected!! Some of the problems read as big as CRs in the verbal and took most of my time. Out of my penchant to solve puzzles, I spent more time ( than 5 minute max ) on some of questions ( typically probability, and some geometry ). Eventually, I ran out of time and had to guess a few questions in the end. Not good.
MGMAT2- Verbal
Because of last test, I figured I can afford to work on the RC's and CRs much slowly than what I did in last week's practise test. I guess I was a bit toooo slow this time. Much more than the quant secion, I had to guess the last 8-9 questions ( 31-37 ) and a few questions inthe middle.

Summary: I am planning on trying a different practise test ( not MGMATs ) next week as I'm beginning to feel the MGMATs are a bit too tough and dont really act as confidence boosters!!