Magnetic relaxation experiments constitute a unique method of determin
ing the nature of fluctuations in dissipative magnetic systems. At hig
h temperatures these fluctuations are thermal and strongly temperature
dependent. At low temperatures, where quantum fluctuations dominate,
magnetic relaxation becomes independent of temperature. Such behavior
has been observed in many systems. In this review we emphasize the stu
dy of low temperature relaxation in ferromagnetic nanoparticles, layer
s, and multilayers (including ''domain wall junctions''), and large si
ngle crystals. The results of magnetic relaxation experiments are show
n to agree with theoretical predictions of quantum tunneling of the ma
gnetization. When dissipation becomes important, in large and complex
systems, a time dependent WKB exponent needs to be introduced.