This study assessed the nutritional and biological value of a noncommercial, transgenic line of the Australian sweet lupin, Lupinus angustifolius, (cv. Warrah), produced to increase the methionine content of the seed. An initial experiment demonstrated that differences in the methionine content of the transgenic and nontransgenic control lupins had no apparent influence on the growth of juvenile red seabream fed practical diets. Re-evaluation of the nutritional characteristics of the lupin meals with subsequent digestibility studies allowed the determination of the digestible value of the protein and energy content of each of the varieties. The digestible protein content of either variety was similar, however significant differences in the digestible energy value of each variety existed (56.3% cf. 64.0%). This re-evaluation of the nutritional value of the genetically manipulated (GM) and non-GM lupin varieties enabled the reformulation of diets on a digestible protein and energy basis. A second growth trial was undertaken using sub-satietal pair-feeding regimes, with the experiment also involving protein-restrictive diets to allow expression of the differences in the methionine content of the transgenic and nontransgenic lupin meals. A significant benefit of the enhanced methionine level in the transgenic lupin was observed. It is argued that in the high-protein fish diets used, the importance of amino acid composition is relatively limited. Economic modelling of the potential value of the increased methionine in the transgenic lupin suggests that this will have limited benefit for aquaculture industries, and that greater value would be attributable to higher protein and energy levels in ingredients.