Results from studies of retrograde amnesia provide much of the evidence for theories of memory consolidation. Retrograde amnesia gradients are often interpreted as revealing the time needed for the formation of long-term memories. The rapid forgetting observed after many amnestic treatments, including protein synthesis inhibitors, and the parallel decay seen in long-term potentiation experiments are presumed to reveal the duration of short-term memory processing. However, there is clear and consistent evidence that the time courses obtained in these amnesia experiments are highly variable within and across experiments and treatments. The evidence is inconsistent with identification of basic temporal properties of memory consolidation. Alternative views include modulation of memory and emphasize the roles that hormones and neurotransmitters have in regulating memory formation. Of related interest, converging lines of evidence suggest that inhibitors of protein synthesis and of other biochemical processes act on modulators of memory formation rather than on mechanisms of memory formation. Based on these findings, memory consolidation and reconsolidation studies might better be identified as memory modulation and "remodulation" studies. Beyond a missing and perhaps unattainable time constant of memory consolidation, some current views of memory consolidation assume that memories, once formed, are generally unmodifiable. It is this perspective that appears to have led to the recent interest in memory reconsolidation. But the view adopted here is that memories are continually malleable, being updated by new experiences and, at the same time, altering the memories of later experiences. Studies of memory remodulation offer promise of understanding the neurobiological bases by which new memories are altered by prior experiences and by which old memories are altered by new experiences.Many treatments impair memory when administered soon after an experience. The efficacy of these treatments in impairing later memory decreases as the time between training and treatment increases, forming the basis for the idea that memory processes initiated by an experience continue for some time after training until they become consolidated. The past few years have seen a re-emergence of earlier (cf. Sara 2000) interest in the possibility that retrieval of old memories renders them once again susceptible to amnestic treatments, i.e., returning an old memory to a state in which the memory is again sensitive to amnestic treatments, supporting the idea that old memories can be reconsolidated (for reviews, see Nader et al. 2000;Sara 2000;Nader 2003;Dudai 2004;Dudai and Eisenberg 2004;Alberini 2005;Rudy et al. 2006).There are important assumptions embedded in these descriptions of consolidation and reconsolidation. First, one must accept a version of consolidation theory that claims that memories are formed over time until they reach an immutable state. Second, one must accept the interpretation of studies of amnesia as indicating that the tr...