Understanding of sensory and cognitive brain processes requires information about activation timing within and between different brain sites. Such data can be obtained by magnetoencephalography (MEG) that tracks cortical activation sequences with a millisecond temporal accuracy. MEG is gaining a well-established role in human neuroscience, complementing with its excellent temporal resolution the spatially more focused brain imaging methods. As examples of MEG's role in cognitive neuroscience, we discuss time windows related to cortical processing of sensory and multisensory stimuli, effects of the subject's own voice on the activity of their auditory cortex, timing of brain activation in reading, and cortical dynamics of the human mirror-neuron system activated when the subject views another person's movements.