diff --git a/README.md b/README.md
index 1b3b4a4..6f7304e 100644
--- a/README.md
+++ b/README.md
@@ -175,7 +175,7 @@ interface as providers.  See the code in `src/providers` and `src/adapters` for
 
 The node.js [path module](http://nodejs.org/api/path.html) is available via the `Filer.Path` object. It is
 identical to the node.js version with the following differences:
-* No support for `exits()` or `existsSync()`. Use `fs.stat()` instead.
+* No support for `existsSync()`. Use `fs.stat()` instead.
 * No notion of a current working directory in `resolve` (the root dir is used instead)
 
 ```javascript
@@ -219,6 +219,7 @@ var fs = new Filer.FileSystem();
 * [fs.stat(path, callback)](#stat)
 * [fs.fstat(fd, callback)](#fstat)
 * [fs.lstat(path, callback)](#lstat)
+* [fs.exists(path, callback)](#exists)
 * [fs.link(srcpath, dstpath, callback)](#link)
 * [fs.symlink(srcpath, dstpath, [type], callback)](#symlink)
 * [fs.readlink(path, callback)](#readlink)
@@ -417,7 +418,25 @@ fs.link("/data/logs/august", "/data/logs/current", function(err) {
     var size = stats.size;
   });
 });
-````
+```
+
+#### fs.exists(path, callback)<a name="exists"></a>
+
+Test whether or not the given path exists by checking with the file system. 
+Then call the callback argument with either true or false. 
+
+Example:
+
+```javascript
+//Test if the file exists
+fs.exists('/myfile', function (exists) {
+  console.log(exists ? "file exists" : "file not found");
+});
+```
+
+fs.exists() is an anachronism and exists only for historical reasons. There should almost never be a reason to use it in your own code.
+
+In particular, checking if a file exists before opening it is an anti-pattern that leaves you vulnerable to race conditions: another process may remove the file between the calls to fs.exists() and fs.open(). Just open the file and handle the error when it's not there.
 
 #### fs.link(srcPath, dstPath, callback)<a name="link"></a>
 
diff --git a/src/fs.js b/src/fs.js
index 122ce21..2bcf1d3 100644
--- a/src/fs.js
+++ b/src/fs.js
@@ -1789,6 +1789,13 @@ define(function(require) {
     });
   }
 
+  function _exists (context, name, path, callback) { 
+    function cb(err, stats) {
+      callback(err ? false : true);
+    }
+    _stat(context, name, path, cb);
+  }
+
   function _getxattr (context, path, name, callback) {
     if (!nullCheck(path, callback)) return;
 
@@ -2265,6 +2272,17 @@ define(function(require) {
     );
     if(error) callback(error);
   };
+  FileSystem.prototype.exists = function(path, callback_) {
+    var callback = maybeCallback(arguments[arguments.length - 1]);
+    var fs = this;
+    var error = fs.queueOrRun(
+      function() {
+        var context = fs.provider.getReadOnlyContext();
+        _exists(context, fs.name, path, callback);
+      }
+    );
+    if(error) callback(error);
+  };
   FileSystem.prototype.lseek = function(fd, offset, whence, callback) {
     callback = maybeCallback(callback);
     var fs = this;
diff --git a/tests/spec/fs.exists.spec.js b/tests/spec/fs.exists.spec.js
new file mode 100644
index 0000000..ff8bc03
--- /dev/null
+++ b/tests/spec/fs.exists.spec.js
@@ -0,0 +1,56 @@
+define(["Filer", "util"], function(Filer, util) {
+
+  describe('fs.exists', function() {
+    beforeEach(util.setup);
+    afterEach(util.cleanup);
+
+    it('should be a function', function() {
+      var fs = util.fs();
+      expect(typeof fs.exists).to.equal('function');
+    });
+
+    it('should return false if path does not exist', function(done) {
+      var fs = util.fs();
+      fs.exists('/tmp', function(result) { 
+        expect(result).to.exist; 
+        expect(result).equals(false);
+        done();
+      });
+    });
+
+    it('should return true if path exists', function(done) {
+      var fs = util.fs();
+
+      fs.open('/myfile', 'w', function(err, fd) {
+          if(err) throw err;
+          fs.close(fd, function(err) {
+            if(err) throw err;
+            fs.exists('/myfile', function(result) {
+              expect(result).to.exist;
+              expect(result).equals(true);
+              done();
+            });
+          });
+        });
+      });
+
+    it('should follow symbolic links and return true for the resulting path', function(done) {
+      var fs = util.fs();
+
+      fs.open('/myfile', 'w', function(error, fd) {
+        if(error) throw error;
+        fs.close(fd, function(error) {
+          if(error) throw error;
+          fs.symlink('/myfile', '/myfilelink', function(error) {
+            if(error) throw error;
+            fs.exists('/myfilelink', function(result) {
+              expect(result).to.exist;
+              expect(result).equals(true);
+              done();
+            });
+          });
+        });
+      });
+    });
+  });
+});
diff --git a/tests/test-manifest.js b/tests/test-manifest.js
index 3b903a6..026c4b7 100644
--- a/tests/test-manifest.js
+++ b/tests/test-manifest.js
@@ -12,6 +12,7 @@ define([
   "spec/fs.spec",
   "spec/fs.stat.spec",
   "spec/fs.lstat.spec",
+  "spec/fs.exists.spec",
   "spec/fs.mkdir.spec",
   "spec/fs.readdir.spec",
   "spec/fs.rmdir.spec",