“In sum, the past few years have witnessed a surge of new empirical and theoretical approaches to understand the dynamics of bacterial–insect relationships. These tools have shed light on the roles of recombination, selection, and mutation on endosymbiont genome evolution and have highlighted parameters that shape the outcome of genetic conflicts between hosts and symbionts. These data provide a foundation for studying the evolution of mutualism and parasitism and modes of transitions between them. In the near future, we can look forward to full genome sequences that span a broader ecological and phylogenetic diversity of endosymbionts and provide a richer comparative framework to test existing models and develop new ones.”
A nice review of endosymbiosis from 2004.