Class analysis has recently been criticised from a variety of standpoints. In this paper we argue that much of this criticism is misplaced and that, as a research programme, the promise of class analysis is far from exhausted. The first part of the paper clarifies the nature and purpose of class analysis, as we would understand it, and in particular distinguishes it from the class analysis of Marxist sociology. The second part then makes the case for the continuing relevance of class analysis, in our conception of it, by reviewing findings from three central areas of current research.