We extended research on the construct validity of overall and life facet satisfaction measures by (a) estimating relations among satisfaction constructs disattenuated for measurement error, and (b) controlling for spurious effects of common method variance, using confirmatory factor analysis (CFA) of multitrait-multimethod (MTMM) data. Results indicated strong support for convergent and discriminant validity, as well as for significant method effects. Results also indicated that corrected correlations among latent satisfaction variables were similar to their observed counterparts, suggesting that the attenuating effects of measurement error tend to balance spuriousness interjected by common method variance. Suggestions for future research include determining boundary variables which influence the direction of the relationship between overall and life facet satisfaction, and for identifying subgroups of individuals within which these relationships are homogeneous.