The most interesting theoretical features of W-pair production in e(+)
e(-) collisions are reviewed. Based on an analysis of on-shell W-pairs
, it is shown that the mere inclusion of leading O(alpha) corrections-
such as initial-state radiation, effects from the universal quantities
Delta alpha and Delta r, and the Coulomb singularity-cannot be expect
ed to approximate the O(alpha)-corrected cross-section of e(+)e(-) -->
WW --> 4f to better than 1-2% for LEP2 energies. The importance of th
e gauge-invariance problem, arising from the introduction of finite de
cay widths, is discussed. The simplest consistent method to include O(
alpha) corrections at least to the doubly resonant contributions, viz
a pole expansion around the double resonance, is also briefly describe
d.