The Institutional Repository (IR) had a meteoric rise to fame. In a brief blaze of glory, it was heralded as the facilitator of a free exchange of information within the academic research community - a faster, cheaper and more effective way to conduct scholarly communications in the twenty-first century. Then, just as quickly, fame changed to infamy. The technology, the ownership, and the very ideal of the IR has been called into question by many and varied voices in the wider academic community and beyond. I would like to explore the really controversial aspects of the IR, and ask my audience to consider that perhaps, just perhaps, there was something useful there all along.