One of the potentially attractive applications of controlled thermonuclear fusion is the fission--fusion hybrid concept. In this report we examine the possible role of the hybrid as a fissile fuel producer. We parameterize the advantages of the concept in terms of the performance of the fusion device and the breeding blanket and discuss some of the more troublesome features of existing design studies. The analysis suggests that hybrids based on deuterium--tritium (D--T) fusion devices are unlikely to be economically attractive and that they present formidable blanket technology problems. We suggest an alternative approach based on a semicatalyzed deuterium--deuterium (D--D) fusion reactor and a molten salt blanket. This concept is shown to emphasize the desirable features of the hybrid, to have considerably greater economic potential, and to mitigate many of the disadvantages of D--T-based systems.