  We apply the Hamiltonian reduction procedure to general spacetimes of
4-dimensions in the (2+2) formalism and find privileged spacetime coordinates
in which the physical Hamiltonian is expressed in true degrees of freedom only,
namely, the conformal two-metric on the cross section of null hypersurfaces and
its conjugate momentum. The physical time is the area element of the cross
section of null hypersurface, and the physical radial coordinate is defined by
{\it equipotential} surfaces on a given spacelike hypersurface of constant
physical time. The physical Hamiltonian is {\it constraint-free} and manifestly
{\it positive-definite} in the privileged coordinates. We present the complete
set of the Hamilton's equations, and find that they coincide with the
Einstein's equations written in the privileged coordinates. This shows that our
Hamiltonian reduction is self-consistent and respects the general covariance.
This work is a generalization of ADM Hamiltonian reduction of midi-superspace
to 4-dimensional spacetimes with no isometries.
