The investigation of visual word recognition has been a major accomplishment of cognitive science. Two on-line methodologies, eye movements and event-related potentials, stand out in the search for the holy grail - an absolute time measure of when, how and why we recognize visual words while reading. Although each technique has its own experimental limitations, we suggest, by means of review and comparison, that these two methodologies can be used in complementary ways to produce a better picture of the mental action we call reading.