The dynamics of liquid-like ordered giant colloidal micelles in the wave ve
ctor range around the peak of the structure factor is explored using photon
correlation spectroscopy. No thermodynamic slowing down of the collective
density fluctuations is found, whereas the long-time diffusion coefficient
follows the concentration dependence of the suspension viscosity. Polymer-l
ayer mediated effects are proposed to govern the physics of this unexpected
behavior.