  I review the current status of nonleptonic kaon decays, placing special
emphasis on the recent theoretical progress. In particular, I concentrate on 3
points: (i) the improved determination of \epsilon_K, including both
perturbative and nonperturbative contributions; (ii) the efforts to tame (K ->
2\pi) transitions in lattice QCD; and (iii) the use of holographic methods to
solve the vector meson dominance puzzle in (K -> 3\pi).
