I find I don't really feel so different, it's like I can watch myself be happy or sad or mad etc. It's just that the emotions flow right through, so all the feelings are still 'me', but it is all less important to my life.
I can't actually seperate the emotion from the peace, I just feel content even if I get really frustrated.
I find that happiness isn't the same as contentment. It's like I just feel content with any emotion. I just struggle with the ups and downs as I always have, but I'm satisfied with it, because I don't have to be 'happy' to feel content.
In meditation I don't feel emotions, and when I'm conscious I feel rather indifferent toward my emotions. They just come and go.