Holographic Cosmology and its Relevant Degrees of Freedom

We reconsider the options for cosmological holography. We suggest that a global and time--symmetric version of the Fischler-Susskind bound is the most natural generalization of the holographic bound encountered in AdS and De Sitter space. A consistent discussion of cosmological holography seems to imply an understanding of the notion of ``number of degrees of freedom'' that deviates from its simple definition as the entropy of the current state. The introduction of a more adequate notion of degree of freedom makes the suggested variation of the Fischler-Susskind bound look like a stringent and viable bound in all 4--dimensional cosmologies without a cosmological constant.