  The radiative decay Z2-> Z1 gamma proceeds at the one-loop level in the MSSM.
It can be the dominant decay mode for the second lightest neutralino Z2 in
certain regions of parameter space of supersymmetric models, where either a
dynamical and/or kinematic enhancement of the branching fraction occurs. We
perform an updated numerical study of this decay mode in both the minimal
supergravity model (mSUGRA) and in the more general MSSM framework. In mSUGRA,
the largest rates are found in the ``focus point'' region, where the mu
parameter becomes small, and the lightest neutralinos become higgsino-like; in
this case, radiative branching fraction can reach the 1% level. Our MSSM
analysis includes a scan over independent positive and negative gaugino masses.
We show branching fractions can reach the 10-100% level even for large values
of the parameter tan(beta). These regions of parameter space are realized in
supergravity models with non-universal gaugino masses. Measurement of the
radiative neutralino branching fraction may help pin down underlying parameters
of the fundamental supersymmetric model.
