The recently published report by the "Commission on the Measurement of Economic Performance and Social Progress" is being discussed and commented from the point of view of social indicators research, which addresses issues of the measurement of well-being and social progress since the 1960s. Some of the recommendations made by the Stiglitz-Sen-Fitoussi-Report thus seem to be well known and all but new and innovative from a social indicators perspective. It is also argued that the report ignores some of the available approaches, instruments and ongoing activities to measure and monitor well-being and the quality of life, which go well beyond GDP, such as e.g. social reports. The Commission's report is nevertheless considered a major step forward towards a considerably improved measurement of well-being and social progress.