This article reviews the roundtable discussion organized by Turkish Policy Quar- terly and the Konrad Adenauer Foundation on Turkish-Israeli relations, which took place on 11 March 2010 in Istanbul. In light of the discussions, the author evaluates the current state of affairs between Turkey and Israel from three different perspec- tives: the constitutive role of fear in relations, the emphasis on change, and problems with conceptualization. Due to Chatham House rules, the names of the participants whose words have been cited or paraphrased will remain undisclosed.