Does anyone here live in a studio apartment?

If so, I'm curious what your experiences are. I currently live in a one bedroom apartment, but I'm never in the living room. Literally. I spend all of my time in my bedroom, kitchen, and bathroom. In my entire 2 years living here, I've been in the living room once to sit down, and that just to sit at the window to watch outside (I was bored). I feel like I'm wasting money having an extra room that I don't use ( store all of my crap in the living room). I don't have any friends so I wouldn't have to worry about entertaining company.

If I did move, I would save a lot of money (and many studios include all utilities). The only negative I could even forsee is that I have a lot of stuff (books, shelves, etc) which takes up space, but I could always get rid of some things. Can anyone else here share their experiences?
 

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