Twistors, Hyper-Kaehler Manifolds, and Complex Moduli

A theorem of Kuranishi tells us that the moduli space of complex structures on any smooth compact manifold is always locally a finite-dimensional space. Globally, however, this is simply not true; we display examples in which the moduli space contains a sequence of regions for which the local dimension tends to infinity. These examples naturally arise from the twistor theory of hyper-Kaehler manifolds.