A review of the modern British modifications of Melanie Klein's approach. While featuring its advantages along with its systematic problems, this review also argues for its recognition by all analysts as a true branch of Freudian analysis. It points up ego-psychological aspects of this approach, showing that it includes some elements that are distinctive and others that overlap standard Freudian practice. Mention is made of some incompleteness of theorizing and some seemingly avoidable tendency toward interpretive imbalance, both of which are seen to be signs of the times in contemporary analytic thinking.