We have been doing this in my office as well. Most of the Fridays we usually have some fun activity or small games to just relax the mind. With all the work we do every day relaxation is very important. So as you said playtime is really helpful. The only problem for the IT people like me is the challenge in spending time to do any physical activity. There are so many things for mental relaxation but there are only little opportunity for physical activities. Nice post.
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Corporates do realize the importance of a relaxed atmosphere. At TCS we had a gym inside our work premises at some of our locations, specially the BPOs. I can understand how hectic the work life is, but then sometimes we just need to squeeze in that time for us.