The full-text may be used and/or reproduced, and given to third parties in any format or medium, without prior permission or charge, for personal research or study, educational, or not-for-pro t purposes provided that:• a full bibliographic reference is made to the original source • a link is made to the metadata record in DRO • the full-text is not changed in any way The full-text must not be sold in any format or medium without the formal permission of the copyright holders.Please consult the full DRO policy for further details. Armstrong's theory of immanent universals has undergone a number of developments, and it is time to reassess the one over many problem in the light of those developments. I argue that a stronger case than ever can be made for thinking that Armstrong ought not to take the one over many problem seriously.However, all is not lost for realists about universals who think the one over many problem should be taken seriously. I argue that, unlike Armstrongian immanent realists, Platonic realists about universals need not be mirage realists.