This theoretical review of Winne and Hadwin's model of self-regulated learning (SRL) seeks to highlight how the model sheds new light on current research as well as suggests interesting new directions for future work. The authors assert that the model's more complex cognitive architecture, inclusion of monitoring and control within each phase of learning, and separation of task definition and goal setting into separate phases are all important contributions to the SRL literature. New research directions are outlined, including more nuanced interpretations of judgments of learning and the potential to more thoroughly assess the influence of interactions among cognitive and task conditions on all phases of learning. (Contains 1 table, 1 figure, and 1 note.)