We have investigated the spin dynamics of the spin-Peierls system CuGeO 3 by inelastic neutron scattering. The measurements have been performed as a function of wave vector, temperature, and magnetic field, for fields perpendicular to the chain axis ͑up to 10 T͒. Our neutron results confirm the occurrence of a crystalline distortion below T SP Ϸ14.2 K, corroborated by the appearance of superlattice peaks indexed with a commensurate wave vector k SP ϭ͑ 1 2 ,0, 1 2 ͒. At low temperature, the spin-excitation spectrum exhibits a well defined energy gap ⌬Ϸ2 meVϷ1.66 kT SP at the antiferromagnetic point k AF ϭ͑0,1, 1 2 ͒, distinct from k SP . The experimental results for TӶT SP are quantitatively understood from an alternating-exchange Hamiltonian with an exchange parameter ͑2J 1 ͒Ϸ10.6 meV and an alternation parameter ␣ϭJ 2 /J 1 Ϸ0.92, despite the existence of sizable interchain couplings both along the a and b axes ͑J a Ј/J 1 Ϸ0.011 and J b Ј/J 1 Ϸ0.11, respectively͒. We present the temperature dependence of the spin dynamics on both sides of T SP . Our results confirm the persistence of a pseudogap in the excitation spectrum for qϭk AF , but only in the immediate vicinity of the spin-Peierls transition temperature. The pseudogap vanishes rapidly with T, following decreasing size of dimerized segments. The stronger inelasticity observed above T SP at qϭk SP has been attributed to an effect of the dispersion of magnetic excitations due to interchain couplings J a Ј and J b Ј . Under a magnetic field applied perpendicular to the chain axis, the excited triplet is split into three components, with gap values depending linearly on the field. The spin-Peierls transition temperature T SP decreases with increasing field, following a quadratic dependence on H, in agreement with theoretical as well as other experimental results. We have determined the field dependence of the dimerization peak intensities up to 10 T, which show very small changes. In particular, no trace of pretransitional incommensurability could be detected, at least up to 0.77H c .where J is the average exchange value [Jϭ(J 1 ϩJ 2 )/2]. In the most general case, ␦ should be a function of displacement vectors ␦ i associated with the various atomic entities involved in the intrachain exchange paths. Moreover, in the SP problem J, ␣, and ␦ must depend on temperature to account for the inherent lattice effects. The simple expression ␦ϭ͑1 Ϫ␣͒/͑1ϩ␣͒ relates the alternation ␣ and distortion ␦.As for the magnetic excitation spectrum of an alternating chain, it is expected for a SP system that a gap ⌬ ͑function of J 1 and ␣ or, equivalently, J and ␦͒ opens at the antiferromagnetic point k AF between a nonmagnetic singlet ͑Sϭ0͒ ground state and the ''continuum'' of lowest-excited triplet ͑Sϭ1͒ states. 9-11 k AF is frequently defined as the point ''qϭ'' in the literature. The reduced gap ⌬/2J 1 has been calculated numerically 9-13 for an alternating chain as a function of the alternation parameter ␣. For not too large values of 1Ϫ␣, this ratio is given by the simple p...