diff --git a/lib/em-bitcoin.rb b/lib/em-bitcoin.rb
index abd9855..154eed9 100644
--- a/lib/em-bitcoin.rb
+++ b/lib/em-bitcoin.rb
@@ -122,23 +122,8 @@ module EventMachine
           begin
             packet = BTC::Message.read(@data)
             used = @data.slice!(0, packet.num_bytes) # Remove data from buf
-            log(:info, "Read #{packet.cmd_sym} packet (#{used.length}b)")
-            log(:debug, used.inspect)
-            log(:debug, packet.inspect)
-            if packet.cmd_sym
-              m = "receive_#{packet.cmd_sym}"
-              if self.respond_to?(m)
-                log(:info, "Received #{packet.cmd_sym}")
-                send(m, packet)
-              else
-                raise NotImplementedError.new("#{m} not implemented")
-              end
-            else
-              log(:warn, "Received packet with no command, discarding it")
-            end    
-          rescue IOError # Not enough data 
-            finished = true  
-          rescue EOFError
+            receive_packet(packet)
+          rescue IOError,EOFError # Not enough data
             finished = true
           end
         end
@@ -146,6 +131,34 @@ module EventMachine
         log(:debug, @data.inspect) if @data.length > 0
       end
       
+      
+      # Checks the passed-in packet for validity and dispatches it if valid
+      # @param[BTC::Message] packet Received packet
+      def receive_packet(packet)
+        log(:info, "Received #{packet.cmd_sym} packet (#{packet.num_bytes}b)")
+        log(:debug, packet.inspect)
+        
+        if packet.network_name != actor.network_name
+          log(
+            :info, "Received packet from incorrect network: " + 
+            "#{packet.network_name || packet.magic}, discarding"
+          )
+          return nil  
+        end
+
+        if packet.cmd_sym
+          m = "receive_#{packet.cmd_sym}"
+          if self.respond_to?(m)
+            log(:info, "Received #{packet.cmd_sym}")
+            send(m, packet)
+          else
+            raise NotImplementedError.new("#{m} not implemented")
+          end
+        else
+          log(:info, "Received packet with no command, discarding it")
+        end
+      end
+      
       # Checks whether we can communicate sensibly with a peer of a particular
       # version. At the moment, we're fairly liberal about who we try to talk to
       # @param[Fixnum] their_version Version of the peer under question
@@ -188,9 +201,11 @@ module EventMachine
     class BitcoinClient < EM::Connection
     include BitcoinPeer
 
-      # @param[Object] actor See the BitcoinPeer#valid_actor?
+      # @param[Object] actor See the BitcoinPeer#valid_actor? method. If this is
+      #   a proc, we execute it and use the return value as the actor.
       def initialize(actor)
         @actor = actor
+        @actor = @actor.call if actor.is_a?(Proc)
         result, msg = valid_actor?
         raise ArgumentError.new("Invalid actor: #{msg}") unless result
         
@@ -223,7 +238,7 @@ module EventMachine
           @ready == :version_sent
         
         if can_talk_version?(p.payload.version)
-          log(:info, "Valid peer, version is #{p.payload.version}")
+          log(:info, "Notifying actor of ready peer (v.#{p.payload.version})")
           send_verack
           @ready = true
           actor.ready!
@@ -248,9 +263,11 @@ module EventMachine
         my_netaddr.port
       end
 
-      # @param[Object] actor See the BitcoinPeer#valid_actor? method
+      # @param[Object] actor See the BitcoinPeer#valid_actor? method. If this is
+      #   a proc, we execute it and use the return value as the actor.
       def initialize(actor)
         @actor = actor
+        @actor = @actor.call if actor.is_a?(Proc)
         result, msg = valid_actor?
         raise ArgumentError.new("Invalid actor: #{msg}") unless result
         
@@ -279,6 +296,7 @@ module EventMachine
       def receive_verack(p)
         raise PE.new("Received verack inappropriately") unless
           @ready == :version_sent
+        log(:info, "Notifying actor of ready peer (v.#{p.payload.version})")
         @ready = true
         actor.ready!
       end