FPCP Theory Overview

We first review some aspects of the determination of the sides and angles of the unitarity triangle. We pay particular attention to theory shortcomings, and present many alternative proposals for the determination of |Vub| (which at present is problematic). We then turn our attention to the more general question: What have we learned so far about flavor physics and where do we go from here? We argue that the aim of Flavor Physics should be to establish or rule out Minimal Flavor Violating interactions up to a scale of 10 TeV.