In 2024 the Supreme Court overruled Chevron, and a great deal of commentary declared the administrative state transformed. This article separates what actually changed from what did not. It explains what Chevron deference was, why it was narrower in practice than its reputation suggested, and what Loper Bright substituted, which is independent judicial judgment informed by Skidmore respect and by express congressional delegations that courts must still police for reasonableness. It then covers the companion decisions of the same term that matter at least as much, including Corner Post's restart of the limitations clock for regulatory challenges, Jarkesy's Seventh Amendment limit on agency-imposed civil penalties, Ohio v. EPA's demanding application of arbitrary and capricious review, and Axon's route around agency proceedings for structural constitutional claims. Later sections explain why arbitrary and capricious review under State Farm was always the more consequential doctrine, why the major questions doctrine does independent work, what the practical consequences are for rulemaking practice and for regulated parties, and what a lawyer should actually do differently now.