The observable variability of spectral lines in the soft X-ray and XUV region is discussed. Rapid variability of coronal emission, both in flaring and non-flaring structures, has been reported and is particularly prominent when high spatial resolution is available. Examination of the ionization and recombination time-scales for the formation and removal of ions with prominent solar emission lines shows that, even though ionization equilibrium generally prevails, the observable variability time-scales are often limited by these atomic processes, independent of the physical process which is causing the change in the solar atmosphere. Future observations of Mg X 609 A should be augmented by simultaneous observation at another wavelength, such as 63 A. In addition, with the ability to produce images in isolated spectral lines it becomes possible to select those for which rapid variability is observable, such as O VII, rather than lines which were selected on the basis of previous hardware constraints, such as O VIII.