We report the preparation, crystallization, and solid-state characterization of ethyl (3)- and butyl (4)-substituted spiro-biphenalenyl radicals. Both of these compounds are found to be conducting face-to-face pi -dimers in the solid state but with different room-temperature magnetic ground states. At room temperature, 4 exists as a diamagnetic is-dimer (interplanar separation of similar to3.1 Angstrom), whereas 3 is a paramagnetic pi -dimer (interplanar separation of .similar to3.3 Angstrom), and both compounds show phase transitions between the paramagnetic and diamagnetic forms. Electrical resistivity measurements of single crystals of 3 and 4 show that the transition from the high-temperature paramagnetic pi -dimer form to the low-temperature diamagnetic pi -dimer structure is accompanied by an increase in conductivity by about 2 orders of magnitude. This behavior is unprecedented and is very difficult to reconcile with the usual understanding of a Peierls dimerization, which inevitably leads to an insulating ground state. We tentatively assign the enhancement in the conductivity to a decrease in the on-site Coulombic correlation energy (U), as the dimers form a super-molecule with twice the amount of conjugation.