In this review talk I cover some recent developments in understanding the
role that magnetic fields play in cataclysmic variables. I discuss the recent
DNO--QPO unification models; the disk--magnetosphere boundary; some issues
concerning the soft blackbody component and the nature of the X-ray spectra in
MCVs; whether the SW Sex stars are magnetic, and finally I mention the weird
behavior of FS Aur and HS2331+3905.Comment: To appear in ``Compact Binaries in the Galaxy and Beyond'', RevMexA