The possibility of reducing structural response under strong external excitations such as earthquakes and wind storms via control systems is attracting the interest of a large number of researchers. In the field of civil structures, control systems based on semi-active devices seem to be close to feasible implementation. Semi-active devices are typically passive elements capable of self-adjusting their own mechanical properties according to the instantaneous response of the hosting structure and, therefore, they can be considered as smart devices. Even though dampers based on magnetorheological fluids are considered very effective in practical implementations, the literature examining their properties from the structural control point of view is still quite limited. This paper aims to show the potential of such devices and to describe their properties from this special perspective. These properties include manufacturing issues, powering, range of variability of the mechanical parameters, their dependence on the feed current and overall response time.