Sometimes the Refereeing Process Actually Works :)

We had a paper just accepted to PRE, and I wanted to show it to someone who I thought may not have seen it.

Me: "Yes, we need to upload the revised version to the arXiv reasonably soon. We changed it substantially (we had a very thorough and helpful referee), so I didn't want to only point you to the old version."

Response: "I hesitated to tell you this in the first message, but I was the referee--thanks for the compliment, all the more meaningful since you didn't know!!"

As frustrating as this can all be (and it is very often indeed), sometimes the process really does work, and sometimes you end up accidentally complimenting somebody a lot instead of accidentally having egg on your face. ;)