This paper is concerned with the reconstruction of Archaic Chinese phonology, mainly with that proposed by late professor Fang-kuei Lin in the 1970s. Part one discusses initials and medials, and suggests that:(1) there is no need for labial-velars, instead the kai-he dichotomy should be maintained as a part of rime;(2) there are four classes of rimes: A, B, C, and D; while A rimes lack any medial, B, C, D One get- �� r-,- �� j-,- �� i-as their medial element respectively; and it turns out that the combination of - �� rj-could be removed;(3) there are 21 simple initials, namely: �� p-, �� ph-, �� bh-, �� m-, �� t-, �� th-, �� dh-, �� n-, �� l-, �� k-, �� kh-, �� gh-, ��﹖ -, �� ts-, �� tsh-, �� dzh-, �� s-, �� z-, ��﹖ -, �� h-, ��﹖ -,and they can appear with all classes of rimes. The alveolo-palatal affricates (Zhao, Chuan, Chuang) with II-grade in Ancient Chinese came from �� ts-, �� tsh-, �� s-; while the same ones with Ⅲ -grade derived from �� t-, �� th-, �� dh-with prefixes �� s-or �� z- for the most part and from simple �� ts -, �� tsh-, �� dzh-also in a few cases. The alveolo-palatal fricatives (Shen, Chan) came from �� s-, �� z-respectively; and the corresponding nasal (Zhi) derived again from prefix �� s-plus dental nasal �� n. The zero initial (Yu-si) of Ancient Chinese originated from consonant cluster �� z ﹖ -. Part two deals with the rime categories and concludes that:(1) the 22-category system is preferable;(2) by considering dialect interference, the requirement that each single word should be classified into only one rime-category is abandoned;(3) words belonging to Yin-sheng rime-categories bear no consonant endings with exceptions of those from Ge category, which has- �� r as its ending, a case quite similar to the -r suffixation of Mandarin Chinese;(4) during the pre-Archaic period, words of Xiao category, both Yin-sheng and Ru-sheng, are parts of Tan category; similarly, the original corresponding Yin-sheng words of Qin and Qi categories also merged with You category in Archaic Chinese;(5) the claim that endings - �� g or - �� d do not exist in any Yin-sheng rimes can be justified again by more than forty pieces of evidence exemplified in this paper.