The main objective of this letter is to consolidate the knowledge about the dynamics and control of oscillating-body wave energy converters (WECs). A number of studies have shown that control systems strongly affect power absorption; however, there remains a need for a concise and integrated explanation of the theoretical and practical implications that control can have on both performance and the broader WEC design process. This short letter attempts to fill this gap by presenting a discussion on the key practical aspects concerning the dynamics and control of oscillating-body WEC. In particular, the focus is on the choice of control models and a simple causal control scheme suitable for real-time implementation. Finally, consideration is given to the effect of the power takeoff (PTO) on the maximization of electrical power, thus leading to the derivation of useful conditions for the control co-design of the PTO system.