Single layers of carbon dubbed "graphene". from which graphite is built, have attracted broad interest in the scientific community because of recent exciting experimental results. Graphene is interesting from a fundamental research perspective, as well as for potential technological applications. Here, we provide a brief overview of recent developments in this field, focusing especially on the electronic properties of graphite. Experimental evidence indicates that high-quality graphite is a multi-layer system with nearly decoupled 2D graphene planes. Based on experimental observations, we anticipate that thin graphite samples and not single layers will be the most promising candidates for graphene-based electronics.