This book offers unique coverage of the mechanical properties of nano- and micro-dispersed magnetic fluids. Magnetic fluids are artificially created materials that do not exist in the nature. Researchers developing materials and devices are keenly interested in their "e;mutually exclusive"e; properties including fluidity, compressibility, and the ability to magnetize up to saturation in relatively small magnetic fields. Applications of micro- and nanodispersed magnetic fluids include magnetic-seals, magnetically operated grease in friction units and supports, separators of non-magnetic materials, oil skimmers and separators, sensors of acceleration and angle, and gap fillers in loudspeakers.