The skepticism that surrounds the nuclear enterprise today stems from a variety of economic, technical, and security considerations, all of which affect public acceptance of nuclear energy. This skepticism stands in sharp contrast to the enthusiasm that greeted the announcement of the Atoms for Peace plan thirty years ago. Does the current generation of analysts and observers know something that its predecessors did not? Was Atoms for Peace a fundamentally flawed concept, mistaken in principle? These questions deserve, respectively, a "yes" and a "no" answer.