Drawing from the author’s twenty years of experience in formal methods research and development, and, particularly, with the EVES-based systems, this paper provides personal impressions on what is and what is not working with regards to the adoption and application of formal methods. As both the community’s understanding of technology transfer issues and formal methods technology improve, one is optimistic that formal methods will play an increasingly important role in industry. However, significant impediments continue to exist with, perhaps, the increasing complexity of systems being both a blessing and a curse.