Over the last 10 years, trypanosomatid protozoa have been the subject of intense investigation particularly focusing on their parasitic lifestyle and their intriguing and novel cell properties. These studies have furthered our understanding of the physiology and functioning of these cells and have identified a large number of biochemical and metabolic peculiarities, including mitochondrial function, enzymatic compartmentalization, and gene expression. This review focuses on the mode of gene expression and highlights areas of trypanosome research that have provided paradigms of eukaryotic biology.