diff --git a/lib/dns.js b/lib/dns.js
index 3ee997b2fa7..268230ed463 100644
--- a/lib/dns.js
+++ b/lib/dns.js
@@ -26,11 +26,11 @@ var IOWatcher = process.binding('io_watcher').IOWatcher;
 
 var watchers = {};
 var activeWatchers = {};
-var Timer = process.binding('timer').Timer;
+var Timer = process.binding('timer_wrap').Timer;
 
 var timer = new Timer();
 
-timer.callback = function() {
+timer.ontimeout = function() {
   var sockets = Object.keys(activeWatchers);
   for (var i = 0, l = sockets.length; i < l; i++) {
     var socket = sockets[i];
diff --git a/lib/timers.js b/lib/timers.js
index d6fede1fa04..75580f193e6 100644
--- a/lib/timers.js
+++ b/lib/timers.js
@@ -19,7 +19,7 @@
 // OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE
 // USE OR OTHER DEALINGS IN THE SOFTWARE.
 
-var Timer = process.binding('timer').Timer;
+var Timer = process.binding('timer_wrap').Timer;
 var L = require('_linklist');
 var assert = require('assert').ok;
 
@@ -59,11 +59,13 @@ function insert(item, msecs) {
     list = lists[msecs];
   } else {
     list = new Timer();
+    list.start(msecs, 0);
+
     L.init(list);
 
     lists[msecs] = list;
 
-    list.callback = function() {
+    list.ontimeout = function() {
       debug('timeout callback ' + msecs);
       // TODO - don't stop and start the watcher all the time.
       // just set its repeat
@@ -74,7 +76,7 @@ function insert(item, msecs) {
       while (first = L.peek(list)) {
         var diff = now - first._idleStart;
         if (diff + 1 < msecs) {
-          list.again(msecs - diff);
+          list.start(diff, 0);
           debug(msecs + ' list wait because diff is ' + diff);
           return;
         } else {
@@ -86,15 +88,11 @@ function insert(item, msecs) {
 
       debug(msecs + ' list empty');
       assert(L.isEmpty(list));
-      list.stop();
+      list.close();
+      delete lists[msecs];
     };
   }
 
-  if (L.isEmpty(list)) {
-    // if empty (re)start the timer
-    list.again(msecs);
-  }
-
   L.append(list, item);
   assert(!L.isEmpty(list)); // list is not empty
 }
@@ -108,7 +106,8 @@ var unenroll = exports.unenroll = function(item) {
   debug('unenroll');
   if (list && L.isEmpty(list)) {
     debug('unenroll: list empty');
-    list.stop();
+    list.close();
+    delete lists[item._idleTimeout];
   }
 };
 
@@ -146,43 +145,43 @@ exports.active = function(item) {
 
 
 exports.setTimeout = function(callback, after) {
-  var timer;
+  var timer, c, args;
 
   if (after <= 0) {
     // Use the slow case for after == 0
     timer = new Timer();
-    timer.callback = callback;
-  } else {
-    timer = { _idleTimeout: after, _onTimeout: callback };
-    timer._idlePrev = timer;
-    timer._idleNext = timer;
-  }
+    timer.ontimeout = callback;
 
-  /*
-   * Sometimes setTimeout is called with arguments, EG
-   *
-   *   setTimeout(callback, 2000, "hello", "world")
-   *
-   * If that's the case we need to call the callback with
-   * those args. The overhead of an extra closure is not
-   * desired in the normal case.
-   */
-  if (arguments.length > 2) {
-    var args = Array.prototype.slice.call(arguments, 2);
-    var c = function() {
+    args = Array.prototype.slice.call(arguments, 2);
+    timer._onTimeout = function() {
       callback.apply(timer, args);
-    };
-
-    if (timer instanceof Timer) {
-      timer.callback = c;
-    } else {
-      timer._onTimeout = c;
+      timer.close();
     }
-  }
 
-  if (timer instanceof Timer) {
     timer.start(0, 0);
   } else {
+    timer = { _idleTimeout: after };
+    timer._idlePrev = timer;
+    timer._idleNext = timer;
+
+    if (arguments.length <= 2) {
+      timer._onTimeout = callback;
+    } else {
+      /*
+       * Sometimes setTimeout is called with arguments, EG
+       *
+       *   setTimeout(callback, 2000, "hello", "world")
+       *
+       * If that's the case we need to call the callback with
+       * those args. The overhead of an extra closure is not
+       * desired in the normal case.
+       */
+      args = Array.prototype.slice.call(arguments, 2);
+      timer._onTimeout = function() {
+        callback.apply(timer, args);
+      }
+    }
+
     exports.active(timer);
   }
 
@@ -191,10 +190,13 @@ exports.setTimeout = function(callback, after) {
 
 
 exports.clearTimeout = function(timer) {
-  if (timer && (timer.callback || timer._onTimeout)) {
-    timer.callback = timer._onTimeout = null;
-    exports.unenroll(timer);
-    if (timer instanceof Timer) timer.stop(); // for after === 0
+  if (timer && (timer.ontimeout || timer._onTimeout)) {
+    timer.ontimeout = timer._onTimeout = null;
+    if (timer instanceof Timer) {
+      timer.close(); // for after === 0
+    } else {
+      exports.unenroll(timer);
+    }
   }
 };
 
@@ -202,13 +204,9 @@ exports.clearTimeout = function(timer) {
 exports.setInterval = function(callback, repeat) {
   var timer = new Timer();
 
-  if (arguments.length > 2) {
-    var args = Array.prototype.slice.call(arguments, 2);
-    timer.callback = function() {
-      callback.apply(timer, args);
-    };
-  } else {
-    timer.callback = callback;
+  var args = Array.prototype.slice.call(arguments, 2);
+  timer.ontimeout = function() {
+    callback.apply(timer, args);
   }
 
   timer.start(repeat, repeat ? repeat : 1);
@@ -218,7 +216,7 @@ exports.setInterval = function(callback, repeat) {
 
 exports.clearInterval = function(timer) {
   if (timer instanceof Timer) {
-    timer.callback = null;
-    timer.stop();
+    timer.ontimeout = null;
+    timer.close();
   }
 };
diff --git a/src/timer_wrap.cc b/src/timer_wrap.cc
index 42ece08c820..dab9050c053 100644
--- a/src/timer_wrap.cc
+++ b/src/timer_wrap.cc
@@ -182,8 +182,6 @@ class TimerWrap {
 
     uv_timer_set_repeat(&wrap->handle_, repeat);
 
-    wrap->StateChange();
-
     return scope.Close(Integer::New(0));
   }
 
@@ -196,8 +194,6 @@ class TimerWrap {
 
     if (repeat < 0) SetErrno(uv_last_error().code);
 
-    wrap->StateChange();
-
     return scope.Close(Integer::New(repeat));
   }