Reactions of lithium complexes of the bulky guanidinates [{(Dip)N}(2)CNR(2)](-) (Dip=C(6)H(3)iPr(2)-2,6; R=C(6)H(11) (Giso(-)) or iPr (Priso(-)), with NiBr(2) have afforded the nickel(II) complexes [{Ni(L)(μ-Br)}(2)] (L=Giso(-) or Priso(-)), the latter of which was crystallographically characterized. Reduction of [{Ni(Priso)(μ-Br)}(2)] with elemental potassium in benzene or toluene afforded the diamagnetic species [{Ni(Priso)}(2)(μ-C(6)H(5)R)] (R=H or Me), which were shown, by X-ray crystallographic studies, to possess nonplanar bridging arene ligands that are partially reduced. A similar reduction of [{Ni(Priso)(μ-Br)}(2)] in cyclohexane yielded a mixture of the isomeric complexes [{Ni(μ-κ(1)-N-,η(2)-Dip-Priso)}(2)] and [{Ni(μ-κ(2)-N,N'-Priso)}(2)], both of which were structurally characterized. These complexes were also formed through arene elimination processes if [{Ni(Priso)}(2)(μ-C(6)H(5)R)] (R=H or Me) were dissolved in hexane. In that solvent, diamagnetic [{Ni(μ-κ(1)-N-,η(2)-Dip-Priso)}(2)] was found to slowly convert to paramagnetic [{Ni(μ-κ(2)-N,N'-Priso)}(2)], suggesting that the latter is the thermodynamic isomer. Computational analysis of a model of [{Ni(μ-κ(2)-N,N'-Priso)}(2)] showed it to have a Ni-Ni bond that has a multiconfigurational electronic structure. An analogous copper(I) complex [{Cu(μ-κ(2)-N,N'-Giso)}(2)] was prepared, structurally authenticated, and found, by a theoretical study, to have a negligible Cu···Cu bonding interaction. The reactivity of [{Ni(Priso)}(2)(μ-C(6)H(5)Me)] and [{Ni(μ-κ(2)-N,N'-Priso)}(2)] towards a range of small molecules was examined and this gave rise to diamagnetic complexes [{Ni(Priso)(μ-CO)}(2)] and [{Ni(Priso)(μ-N(3))}(2)]. Taken as a whole, this study highlights similarities between bulky guanidinate ligands and the β-diketiminate ligand class, but shows the former to have greater coordinative flexibility.