I present an interpretation of Schopenhauer's metaphysics that moderates between the positions of the advocates and critics of the standard view andthe standard objection. I contend that there are two senses of "thing-initself' in Schopenhauer's philosophy. I agree with the advocates of the standard view that the will is thing-in-itself, but only in a relative sense, i.e., the will is the thing-in-itself relative to other appearances. But I agree with the critics of the standard objection and deny that Schopenhauer's metaphysics (...) is open to the standard objection. (shrink)