I finished my current WIP last night, huzzah! It was about 7K words shorter than I originally intended, but I wasn't about to fluff up the text unnecessarily. The story stopped when it should have, and I already had two or three major things in mind for revisions based on early feedback from my alpha beta reader (or beta beta reader?). So as soon as I was done I did a little victory dance, then dove right back into edits.
Which got me thinking: what do you do when you've finished draft one? Do you dive back in as I did, or do you usually need a break? And what about beta readers? And how do you go about the revision process? Do you make one broad sweep to capture everything, or do you make several passes with very specific changes in mind?
What's your revision process?