We develop a theory of L-2-von Neumann modules, which encompasses a reformu
lation of Connes' Spatial Derivative, and the Relative Tensor Product of Sa
uvageot. We demonstrate the naturality of the relative tensor product const
ruction in the category of L-2-von Neumann bimodules. Finally, we give evid
ence for the claim that the relative tensor product is essentially the only
tensor product which should be used when considering this tensor category.