How do you handle critique? Do you go back and change everything based on the advice? Do you give up on the project or completely rip your work apart? Or do you take it with a grain of salt and realize that everyone has different tastes?
I tend fall someplace in between. When I am critiqued, I listen carefully to both what the critiquer is saying, and to what they aren't saying. Sometimes facial expressions and tone give you better feedback then the actual words. After listening, I ask questions. Some questions are based on their feedback. Others may be things I want to know about the manuscript that weren't said.
Once I've collected all of the feedback, I take some time to process everything I've heard. Sometimes I have an immediate plan of action. Other times it takes a few days before I decide what to do. In either case, the process helps me make decisions about my manuscript that I am comfortable with.
And, while it usually leads to weeks of careful revision and the loss of many words, the manuscript keeps getting better... which is the whole point, isn't it?