In this paper, we present recent developments in the characterization of anisotropic, biological media utilizing displacements measured with dynamic MRE. In one approach, a waveguide constrained analysis is applied to physical structures (such as muscle), which evaluates the velocities of wave propagation along arbitrarily oriented fibers or fiber bundles in a local fashion, utilizing a spectral filter and a sliding window, spatial Fourier transform. In a second approach, the anisotropic equations of elasticity, in variational form, are inverted for a determination of the complex moduli comprising the medium. Issues concerning ill-conditioning, the effects of boundary conditions, and multiaspect excitation requirements will be addressed, as well as a discussion concerning the models which are appropriate for various physical situations. These two complementary methods of analysis will be demonstrated utilizing both phantom as well as in vivo dynamic displacement measurements.