The past 20 years have witnessed tremendous progress in our understanding o
f the molecular machinery that controls protein and membrane transport betw
een organelles (Scheckman R. Orci L. Coat proteins and vesicle budding. Sci
ence 1996;271: 1526-1533 and Rothman JE. Mechanisms of intracellular protei
n transport. Nature 1994;372: 55-63.) The research efforts responsible for
these impressive advances have largely focused on the identification and ch
aracterization of protein factors that participate in membrane trafficking
events. The role of membranes and their lipid constituents has received con
siderably less attention. Indeed, until rather recently, popular models for
mechanisms of membrane trafficking had relegated membrane lipids to the st
atus of a passive platform, subject to deformation by the action of coat pr
oteins whose polymerization and depolymerization govern vesicle budding and
fusion reactions. The 1990s, and particularly its last half, has brought f
undamental reappraisals of the interface of lipids and lipid metabolism in
regulating intracellular membrane trafficking events. Some of the emerging
themes are reviewed here.