When we imaginatively picture what might happen, we may take what we imagine to be either realistic or fantastic. A wine glass falling to the floor and shattering is realistic. A wine glass falling and morphing into a bird and flying away is fantastic. What does the distinction consist in? Two important necessary conditions are here defined. The first is a condition on the realistic representation of spatial configuration, grounded in an account of the imagistic representation of spatial configuration. The second is a condition on the manner in which realistic courses of mental imagery may be grounded in remembered perceptions. This is defined in terms of an account of the representation of comparative similarity.