Having recently ‘ removed ’ a diagnosis of bipolar II disorder from a number of patients attending a specialist outpatient clinic (CADE Clinic), a process colloquially referred to as ‘ depolarizing ’ , it is timely perhaps to discuss the complexities, and in particular, the misconceptions pertaining to the diagnosis of this abstruse illness. At a series of recent talks, psychiatrists were asked to rate their confi dence in making a diagnosis of major depressive disorder, bipolar I disorder and bipolar II disorder. Amongst the options provided, psychiatrists were able to nominate whether they were more than 80% accurate in making a specifi c mood disorder diagnosis. With nearly a hundred respondents over several meetings, a success rate of 80% or more for diagnosing major depression was nominated by 50%, but less than half this number (23%) had similar confi dence when diagnosing bipolar I disorder and this was further diminished to 11% when considering bipolar II disorder. This successive diminution in confi dence across the mood disorder subtypes was not related to clinical experience or kind of psychiatric practice. When asked more informally why there was greater uncertainty when diagnosing bipolar disorder, as compared to major depressive disorder, the two main reasons that emerged were “ uncertainty about how to differentiate hypomania from normal mood swings ” , and “ diffi culty in diagnosing mixed mood presentations ” . Recent reports have commented upon the over-diagnosis of bipolar disorder but have simultaneously noted the ongoing problem of under-diagnosis, and the delay that occurs in assigning a diagnosis of bipolar disorder [1,2]. Undoubtedly, part of the problem is the natural history of the illness that invariably commences with depressive episodes and only later progresses to hypomania and mania or mixed states. In practice this means that bipolar disorder often has to be ‘ fi shed out of a pool of depression ’ but only once suffi cient manic symptoms rise to the surface. Another obstacle to accurate detection and diagnosis, of at least equal if not greater importance, is the fact that DSM-IV is a poor approximation of clinical reality. For example, the duration requirements (4 days) for bipolar II disorder are often loosely applied because symptoms that last 2 – 3 days, although often signifi cant in terms of clinical impact, are not suffi cient to qualify for the diagnosis. In addition, the ‘ categories ’ of bipolar not otherwise specifi ed and cyclothymia that could perhaps capture these presentations are used rarely, if at all, possibly because they hold little or no prognostic value. Lastly, the inherent mood lability of personality disorders, particularly borderline personality disorders, make parsing these disorders far more complex than the Axis I and II divide would imply. However, despite a clear problem of bipolar disorder under-diagnosis, over-diagnosis is an equal concern. While it is a major clinical issue to either deny management of a treatable disorder, or to use agents such as antidepressants that have the capacity to worsen the disorder, it is equally problematic if a potentially stigmatizing diagnosis is made, and treatments that have an adverse risk – benefi t ratio are initiated [3,4]. To assist with this and provide some clarity, Australian and New Zealand Journal of Psychiatry 2011; 45:909–910 DOI: 10.3109/00048674.2011.624085