diff --git a/CHANGELOG b/CHANGELOG
index f0f1a88550..5958838c1f 100644
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -1,10 +1,9 @@
 Critical protocol changes
 -------------------------
 
-* date
 * The JSON field "metaData" changing to "meta".
 * RPC ledger will no longer take "ledger", use "ledger_hash" or "ledger_index".
-* "closedLedger" events:
+* "ledgerClose" events:
 ** "hash" DEPRECATED: use "ledger_hash"
 ** "seqNum" DEPRECATED: use "ledger_index"
 ** "closeTime" DEPRECATED: use "close" or "close_human"
diff --git a/package.json b/package.json
index 997dbaa684..f8bbd6405c 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "ripple-lib",
-  "version": "0.7.3",
+  "version": "0.7.4",
   "description": "Ripple JavaScript client library",
 
   "files": [
diff --git a/src/js/remote.js b/src/js/remote.js
index 713abd0038..085a279858 100644
--- a/src/js/remote.js
+++ b/src/js/remote.js
@@ -1146,18 +1146,19 @@ Remote.prototype.request_ripple_balance = function (account, issuer, currency, c
         var balance         = Amount.from_json(node.Balance);
         // accountHigh implies: for account: balance is negated, highLimit is the limit set by account.
         var accountHigh     = UInt160.from_json(account).equals(highLimit.issuer());
-        // The limit set by account.
-        var accountLimit    = (accountHigh ? highLimit : lowLimit).parse_issuer(account);
-        // The limit set by issuer.
-        var issuerLimit     = (accountHigh ? lowLimit : highLimit).parse_issuer(issuer);
-        var accountBalance  = (accountHigh ? balance.negate() : balance).parse_issuer(account);
-        var issuerBalance   = (accountHigh ? balance : balance.negate()).parse_issuer(issuer);
 
         request.emit('ripple_state', {
-          'issuer_balance'  : issuerBalance,  // Balance with dst as issuer.
-          'account_balance' : accountBalance, // Balance with account as issuer.
-          'issuer_limit'    : issuerLimit,    // Limit set by issuer with src as issuer.
-          'account_limit'   : accountLimit    // Limit set by account with dst as issuer.
+          'account_balance'     : ( accountHigh ? balance.negate() : balance).parse_issuer(account),
+          'peer_balance'        : (!accountHigh ? balance.negate() : balance).parse_issuer(issuer),
+
+          'account_limit'       : ( accountHigh ? highLimit : lowLimit).parse_issuer(issuer),
+          'peer_limit'          : (!accountHigh ? highLimit : lowLimit).parse_issuer(account),
+
+          'account_quality_in'  : ( accountHigh ? node.HighQualityIn : node.LowQualityIn),
+          'peer_quality_in'     : (!accountHigh ? node.HighQualityIn : node.LowQualityIn),
+
+          'account_quality_out' : ( accountHigh ? node.HighQualityOut : node.LowQualityOut),
+          'peer_quality_out'    : (!accountHigh ? node.HighQualityOut : node.LowQualityOut),
         });
       });
 };
diff --git a/test/path-test.js b/test/path-test.js
index 00fbaef411..59ffd8cc0d 100644
--- a/test/path-test.js
+++ b/test/path-test.js
@@ -1,9 +1,10 @@
-var async     = require("async");
-var buster    = require("buster");
+var async       = require("async");
+var buster      = require("buster");
 
-var Amount    = require("../src/js/amount.js").Amount;
-var Remote    = require("../src/js/remote.js").Remote;
-var Server    = require("./server.js").Server;
+var Amount      = require("../src/js/amount.js").Amount;
+var Remote      = require("../src/js/remote.js").Remote;
+var Transaction = require("../src/js/transaction.js").Transaction;
+var Server      = require("./server.js").Server;
 
 var testutils = require("./testutils.js");
 
@@ -495,7 +496,7 @@ buster.testCase("More Path finding", {
             self.remote.request_ripple_path_find("alice", "bob", "5/USD/bob",
               [ { 'currency' : "USD" } ])
               .on('success', function (m) {
-                  console.log("proposed: %s", JSON.stringify(m));
+                  // console.log("proposed: %s", JSON.stringify(m));
 
                   // 1 alternative.
 //                  buster.assert.equals(1, m.alternatives.length)
@@ -1138,12 +1139,12 @@ buster.testCase("Via offers", {
 });
 
 buster.testCase("Indirect paths", {
-  // 'setUp' : testutils.build_setup(),
-  'setUp' : testutils.build_setup({ verbose: true }),
+  'setUp' : testutils.build_setup(),
+  // 'setUp' : testutils.build_setup({ verbose: true }),
   // 'setUp' : testutils.build_setup({ verbose: true, no_server: true }),
   'tearDown' : testutils.build_teardown(),
 
-  "//path find" :
+  "path find" :
     function (done) {
       var self = this;
 
@@ -1169,7 +1170,7 @@ buster.testCase("Indirect paths", {
             self.remote.request_ripple_path_find("alice", "carol", "5/USD/carol",
               [ { 'currency' : "USD" } ])
               .on('success', function (m) {
-                  console.log("proposed: %s", JSON.stringify(m));
+                  // console.log("proposed: %s", JSON.stringify(m));
 
                   // 1 alternative.
                   buster.assert.equals(1, m.alternatives.length)
@@ -1186,4 +1187,91 @@ buster.testCase("Indirect paths", {
         });
     },
 });
+
+buster.testCase("Quality paths", {
+  // 'setUp' : testutils.build_setup(),
+  'setUp' : testutils.build_setup({ verbose: true }),
+  // 'setUp' : testutils.build_setup({ verbose: true, no_server: true }),
+  'tearDown' : testutils.build_teardown(),
+
+  "quality set and test" :
+    function (done) {
+      var self = this;
+
+      async.waterfall([
+          function (callback) {
+            self.what = "Create accounts.";
+
+            testutils.create_accounts(self.remote, "root", "10000.0", ["alice", "bob"], callback);
+          },
+          function (callback) {
+            self.what = "Set credit limits extended.";
+
+            testutils.credit_limits(self.remote,
+              {
+                "bob"   : "1000/USD/alice:2000,1400000000",
+              },
+              callback);
+          },
+          function (callback) {
+            self.what = "Verify credit limits extended.";
+
+            testutils.verify_limit(self.remote, "bob", "1000/USD/alice:2000,1400000000", callback);
+          },
+        ], function (error) {
+          buster.refute(error, self.what);
+          done();
+        });
+    },
+
+  "// quality payment (BROKEN DUE TO ROUNDING)" :
+    function (done) {
+      var self = this;
+
+      async.waterfall([
+          function (callback) {
+            self.what = "Create accounts.";
+
+            testutils.create_accounts(self.remote, "root", "10000.0", ["alice", "bob"], callback);
+          },
+          function (callback) {
+            self.what = "Set credit limits extended.";
+
+            testutils.credit_limits(self.remote,
+              {
+                "bob"   : "1000/USD/alice:" + .9*1e9 + "," + 1e9,
+              },
+              callback);
+          },
+          function (callback) {
+            self.what = "Payment with auto path";
+
+            self.remote.transaction()
+              .payment('alice', 'bob', "100/USD/bob")
+              .send_max("120/USD/alice")
+//              .set_flags('PartialPayment')
+//              .build_path(true)
+              .once('proposed', function (m) {
+                  // console.log("proposed: %s", JSON.stringify(m));
+                  callback(m.result !== 'tesSUCCESS');
+                })
+              .submit();
+          },
+          function (callback) {
+            self.what = "Display ledger";
+
+            self.remote.request_ledger('current', { accounts: true, expand: true })
+              .on('success', function (m) {
+                  console.log("Ledger: %s", JSON.stringify(m, undefined, 2));
+
+                  callback();
+                })
+              .request();
+          },
+        ], function (error) {
+          buster.refute(error, self.what);
+          done();
+        });
+    },
+});
 // vim:sw=2:sts=2:ts=8:et
diff --git a/test/send-test.js b/test/send-test.js
index e80964fc28..2c2c390a82 100644
--- a/test/send-test.js
+++ b/test/send-test.js
@@ -152,12 +152,12 @@ buster.testCase("Sending", {
 //                console.log("BALANCE: %s", JSON.stringify(m));
 //                console.log("account_balance: %s", m.account_balance.to_text_full());
 //                console.log("account_limit: %s", m.account_limit.to_text_full());
-//                console.log("issuer_balance: %s", m.issuer_balance.to_text_full());
-//                console.log("issuer_limit: %s", m.issuer_limit.to_text_full());
+//                console.log("peer_balance: %s", m.peer_balance.to_text_full());
+//                console.log("peer_limit: %s", m.peer_limit.to_text_full());
                   buster.assert(m.account_balance.equals("0/USD/alice"));
-                  buster.assert(m.account_limit.equals("800/USD/alice"));
-                  buster.assert(m.issuer_balance.equals("0/USD/mtgox"));
-                  buster.assert(m.issuer_limit.equals("0/USD/mtgox"));
+                  buster.assert(m.account_limit.equals("800/USD/mtgox"));
+                  buster.assert(m.peer_balance.equals("0/USD/mtgox"));
+                  buster.assert(m.peer_limit.equals("0/USD/alice"));
 
                   callback();
                 })
@@ -172,9 +172,9 @@ buster.testCase("Sending", {
             self.remote.request_ripple_balance("alice", "mtgox", "USD", 'CURRENT')
               .on('ripple_state', function (m) {
                   buster.assert(m.account_balance.equals("0/USD/alice"));
-                  buster.assert(m.account_limit.equals("700/USD/alice"));
-                  buster.assert(m.issuer_balance.equals("0/USD/mtgox"));
-                  buster.assert(m.issuer_limit.equals("0/USD/mtgox"));
+                  buster.assert(m.account_limit.equals("700/USD/mtgox"));
+                  buster.assert(m.peer_balance.equals("0/USD/mtgox"));
+                  buster.assert(m.peer_limit.equals("0/USD/alice"));
 
                   callback();
                 })
@@ -215,8 +215,8 @@ buster.testCase("Sending", {
                   // Used to keep lines.
                   // buster.assert(m.account_balance.equals("0/USD/alice"));
                   // buster.assert(m.account_limit.equals("0/USD/alice"));
-                  // buster.assert(m.issuer_balance.equals("0/USD/mtgox"));
-                  // buster.assert(m.issuer_limit.equals("0/USD/mtgox"));
+                  // buster.assert(m.peer_balance.equals("0/USD/mtgox"));
+                  // buster.assert(m.peer_limit.equals("0/USD/mtgox"));
 
                   buster.assert(false);
                 })
@@ -248,9 +248,9 @@ buster.testCase("Sending", {
                   // console.log("proposed: %s", JSON.stringify(m));
 
                   buster.assert(m.account_balance.equals("0/USD/alice"));
-                  buster.assert(m.account_limit.equals("600/USD/alice"));
-                  buster.assert(m.issuer_balance.equals("0/USD/bob"));
-                  buster.assert(m.issuer_limit.equals("500/USD/bob"));
+                  buster.assert(m.account_limit.equals("600/USD/bob"));
+                  buster.assert(m.peer_balance.equals("0/USD/bob"));
+                  buster.assert(m.peer_limit.equals("500/USD/alice"));
 
                   callback();
                 })
@@ -262,9 +262,9 @@ buster.testCase("Sending", {
             self.remote.request_ripple_balance("bob", "alice", "USD", 'CURRENT')
               .on('ripple_state', function (m) {
                   buster.assert(m.account_balance.equals("0/USD/bob"));
-                  buster.assert(m.account_limit.equals("500/USD/bob"));
-                  buster.assert(m.issuer_balance.equals("0/USD/alice"));
-                  buster.assert(m.issuer_limit.equals("600/USD/alice"));
+                  buster.assert(m.account_limit.equals("500/USD/alice"));
+                  buster.assert(m.peer_balance.equals("0/USD/alice"));
+                  buster.assert(m.peer_limit.equals("600/USD/bob"));
 
                   callback();
                 })
@@ -325,7 +325,7 @@ buster.testCase("Sending future", {
             self.remote.request_ripple_balance("alice", "bob", "USD", 'CURRENT')
               .once('ripple_state', function (m) {
                   buster.assert(m.account_balance.equals("-24/USD/alice"));
-                  buster.assert(m.issuer_balance.equals("24/USD/bob"));
+                  buster.assert(m.peer_balance.equals("24/USD/bob"));
 
                   callback();
                 })
@@ -351,7 +351,7 @@ buster.testCase("Sending future", {
             self.remote.request_ripple_balance("bob", "alice", "USD", 'CURRENT')
               .once('ripple_state', function (m) {
                   buster.assert(m.account_balance.equals("57/USD/bob"));
-                  buster.assert(m.issuer_balance.equals("-57/USD/alice"));
+                  buster.assert(m.peer_balance.equals("-57/USD/alice"));
 
                   callback();
                 })
@@ -473,8 +473,8 @@ buster.testCase("Sending future", {
 //            .once('ripple_state', function (m) {
 //                console.log("account_balance: %s", m.account_balance.to_text_full());
 //                console.log("account_limit: %s", m.account_limit.to_text_full());
-//                console.log("issuer_balance: %s", m.issuer_balance.to_text_full());
-//                console.log("issuer_limit: %s", m.issuer_limit.to_text_full());
+//                console.log("peer_balance: %s", m.peer_balance.to_text_full());
+//                console.log("peer_limit: %s", m.peer_limit.to_text_full());
 //
 //                buster.assert(m.account_balance.equals("600/USD/alice"));
 //
diff --git a/test/testutils.js b/test/testutils.js
index f809efacca..b81df48612 100644
--- a/test/testutils.js
+++ b/test/testutils.js
@@ -171,19 +171,68 @@ var create_accounts = function (remote, src, amount, accounts, callback) {
 var credit_limit = function (remote, src, amount, callback) {
   assert(4 === arguments.length);
 
-  remote.transaction()
-    .ripple_line_set(src, amount)
-    .on('proposed', function (m) {
-        // console.log("proposed: %s", JSON.stringify(m));
+  var _m      = amount.match(/^(\d+\/...\/[^\:]+)(?::(\d+)(?:,(\d+))?)?$/);
+  if (!_m) {
+    console.log("credit_limit: parse error: %s", amount);
 
-        callback(m.result != 'tesSUCCESS');
-      })
-    .on('error', function (m) {
-        // console.log("error: %s", JSON.stringify(m));
+    callback('parse_error');
+  }
+  else
+  {
+    // console.log("credit_limit: parsed: %s", JSON.stringify(_m, undefined, 2));
+    var _account_limit  = _m[1];
+    var _quality_in     = _m[2];
+    var _quality_out    = _m[3];
 
-        callback(m);
-      })
-    .submit();
+    remote.transaction()
+      .ripple_line_set(src, _account_limit, _quality_in, _quality_out)
+      .on('proposed', function (m) {
+          // console.log("proposed: %s", JSON.stringify(m));
+
+          callback(m.result != 'tesSUCCESS');
+        })
+      .on('error', function (m) {
+          // console.log("error: %s", JSON.stringify(m));
+
+          callback(m);
+        })
+      .submit();
+  }
+};
+
+var verify_limit = function (remote, src, amount, callback) {
+  assert(4 === arguments.length);
+
+  var _m      = amount.match(/^(\d+\/...\/[^\:]+)(?::(\d+)(?:,(\d+))?)?$/);
+  if (!_m) {
+    // console.log("credit_limit: parse error: %s", amount);
+
+    callback('parse_error');
+  }
+  else
+  {
+    // console.log("verify_limit: parsed: %s", JSON.stringify(_m, undefined, 2));
+    var _account_limit  = _m[1];
+    var _quality_in     = _m[2];
+    var _quality_out    = _m[3];
+
+    var _limit          = Amount.from_json(_account_limit);
+
+    remote.request_ripple_balance(src, _limit.issuer().to_json(), _limit.currency().to_json(), 'CURRENT')
+      .once('ripple_state', function (m) {
+          buster.assert(m.account_limit.equals(_limit));
+          buster.assert('undefined' === _quality_in || m.account_quality_in == _quality_in);
+          buster.assert('undefined' === _quality_out || m.account_quality_out == _quality_out);
+
+          callback();
+        })
+      .on('error', function (m) {
+          // console.log("error: %s", JSON.stringify(m));
+
+          callback(m);
+        })
+      .request();
+  }
 };
 
 var credit_limits = function (remote, balances, callback) {
@@ -424,6 +473,7 @@ exports.payments                = payments;
 exports.transfer_rate           = transfer_rate;
 exports.verify_balance          = verify_balance;
 exports.verify_balances         = verify_balances;
+exports.verify_limit            = verify_limit;
 exports.verify_offer            = verify_offer;
 exports.verify_offer_not_found  = verify_offer_not_found;
 exports.verify_owner_count      = verify_owner_count;