Theoretical understanding of macromolecular electrostatics has advanced sub
stantially over the past year. Continuum models have given promising result
s for calculating protein-ligand binding free energy differences, as well a
s pK(a)s and redox properties, particularly with explicit treatment of mult
iple conformers. Generalized Born and other techniques have led to the firs
t molecular dynamics simulations of proteins and RNA with continuum solvent
. Continuum and microscopic descriptions of dielectric relaxation have been
critically compared.