  We report new measures of radial velocities and rotation rates (v sin i) for
51 F and early-G stars in the open cluster NGC2516, and combine these with
previously published data. From high signal-to-noise spectra of two stars, we
show that NGC2516 has a relative iron abundance with respect to the Pleiades of
delta([Fe/H])= +0.04 +/- 0.07 at the canonical reddening of E(B - V) = 0.12, in
contrast to previous photometric studies that placed the cluster 0.2 to 0.4 dex
below solar. We construct a color-magnitude diagram based on radial velocity
members, and explore the sensitivity of photometric determinations of the
metallicity and distance to assumed values of the reddening. For a metal
abundance near solar, the Hipparcos distance to NGC2516 is probably
underestimated. Finally, we show that the distribution of rotation rates and
X-ray emission does not differ greatly from that of the Pleiades, when
allowance is made for the somewhat older age of NGC2516.
