I like to take a while, slowly drag it in..my lungs are small so I can't take enormous hits. I hold it in as long as possible, but I don't like coughing attacks, so I exhale when the lungs start tickling. Heh.
And when my friends and I smoke in his love shack or whatever (a small shack with couches, it's pretty sweet), it always ends up clambaked. Hot damn, do I love bongs.