The polymerization of methyl methacrylate (MMA) and styrene (St) has been studied using 4-[diphenyl(trimethylsilyl)methyl]benzophenone 1 as photoinitiator. The polymerization follows a free radical mechanism; the polymerization rate increases linearly with the monomer concentration and was found to be proportional to the 0.33 and 1.40 power of the photoinitiator and the monomer (MMA) concentration, respectively. The overall activation energy in the case of MMA photopolymerization was calculated to be 25.0 kJ/mol. From 1H NMR studies it is concluded that the obtained polymers contain two different trimethylsilyl moieties, one at the head and the other at the tail of the polymer chain, showing primary termination reactions even at low initiator concentrations. The p-benzoyltrityl radical 1· is incorporated into the polymer chain to a very small extent, acting as a scavenger. This is also concluded by laser flash photolysis (LFP) and ESR spectroscopy measurements. A “living” character of the polymerization was observed only at very low initiator concentrations. The triplet state (31*) of the initiator was quenched by styrene, reducing its efficiency. The rate constant kq of the quenching process of 31* was measured by LFP (kq = 3.1 · 109 M−1 · S−1). The triplet state and the photodissociation efficiency of the initiator is unaffected by MMA at various concentrations.