Advantages of multifrequency electron paramagnetic resonance spectroscopy combined with various methods—such as spin labels and probes, microwave saturation, and saturation transfer—for investigating various polymeric systems are presented. Paramagnetic centers that are stabilized and/or initiated as a nanoscope probe can provide detailed information about structure and dynamics of the microenvironment. Correlations of structural, morphological, and dynamic characteristics of polymer systems with magnetic, relaxation, and mobile properties of paramagnetic centers embedded into their bulk are also discussed.