Many philosophers - Paul Churchland, among them -argue that commonsense psychology in terms of beliefs, desires and intentions is a proto-science ripe for replacement (or more optimistically, for vindication) by a more mature science. I set out and then criticize three arguments for the conclusion that commonsense psychology is a proto-science. I try to show that each of these arguments has a false premise that finds its place in a single metaphysical picture that I call “the physicalist picture.” I sketch an alternative picture, “the Practical-Realist picture,” that is more adequate to the richness of human life. Commonsense psychology is fully integrated into the Practical-Realist picture. Finally, I consider how my view fits with empirical psychology.