Evolution has endowed primates, including humans, with a powerful visual system, seemingly providing us with a detailed perception of our surroundings. But in reality the underlying process is one of active filtering, enhancement and reshaping. For visual motion perception, the dorsal pathway in primate visual cortex and in particular area MT/V5 is considered to be of critical importance. Combining physiological and psychophysical approaches we have used the processing and perception of visual motion and area MT/V5 as a model for the interaction of sensory (bottom-up) signals with cognitive (top-down) modulatory influences that characterizes visual perception. Our findings document how this interaction enables visual cortex to actively generate a neural representation of the environment that combines the high-performance sensory periphery with selective modulatory influences for producing an “integrated saliency map’ of the environment.