We have used a polymer-exclusion method to estimate the sizes of the h
igh- and low-conductance states of Staphylococcus aureus alpha-toxin c
hannels across planar lipid bilayers. Despite a > 10-fold difference i
n conductance between high- and low-conductance states, the size diffe
rs by < 2-fold. We conclude that factors other than the dimensions hav
e a strong influence on the conductance of alpha-toxin channels. We al
so show that the high conductance state is destabilized by the presenc
e of high molecular weight polymers outside the channel, compatible wi
th the removal of channel water as the high conductance state ''shrink
s'' to the low conductance state.