This is the third annual report that I have submitted since assuming the editorship of the APSR in September of 2001. In my initial report, I characterized 2001–2002as a start-up year for the new editorial office, greatly complicated by the September 11attacks and the disruption of mail service by the anthrax threat, but highlighted by majorprocedural and outreach initiatives and by a massive upsurge in submissions. My secondreport described a year of beginning to settle in to a more “normal” operating mode, ofundergoing an intensive internal review and instituting new procedural refinements as aconsequence, and of experiencing a further, and unexpected, increase in submissions. Themain theme of my third report is one of stability—continuity with, rather than majordepartures from, the situation described in last year's report. I think it is accurate tosay that during the past year we functioned in normal operating mode rather than making itup as we went along, as often seemed to be the case during the early going.