diff --git a/src/__celerity_resource_map__.php b/src/__celerity_resource_map__.php
index 6d99772cef..f14376e471 100644
--- a/src/__celerity_resource_map__.php
+++ b/src/__celerity_resource_map__.php
@@ -3379,7 +3379,7 @@ celerity_register_resource_map(array(
   ),
   'pholio-css' =>
   array(
-    'uri' => '/res/b0947e46/rsrc/css/application/pholio/pholio.css',
+    'uri' => '/res/b03fae38/rsrc/css/application/pholio/pholio.css',
     'type' => 'css',
     'requires' =>
     array(
diff --git a/src/__phutil_library_map__.php b/src/__phutil_library_map__.php
index f223749053..d80bd7c2ea 100644
--- a/src/__phutil_library_map__.php
+++ b/src/__phutil_library_map__.php
@@ -1493,6 +1493,7 @@ phutil_register_library_map(array(
     'PholioInlineDeleteController' => 'applications/pholio/controller/PholioInlineDeleteController.php',
     'PholioInlineEditController' => 'applications/pholio/controller/PholioInlineEditController.php',
     'PholioInlineSaveController' => 'applications/pholio/controller/PholioInlineSaveController.php',
+    'PholioInlineThumbController' => 'applications/pholio/controller/PholioInlineThumbController.php',
     'PholioInlineViewController' => 'applications/pholio/controller/PholioInlineViewController.php',
     'PholioMock' => 'applications/pholio/storage/PholioMock.php',
     'PholioMockCommentController' => 'applications/pholio/controller/PholioMockCommentController.php',
@@ -3093,6 +3094,7 @@ phutil_register_library_map(array(
     'PholioInlineDeleteController' => 'PholioController',
     'PholioInlineEditController' => 'PholioController',
     'PholioInlineSaveController' => 'PholioController',
+    'PholioInlineThumbController' => 'PholioController',
     'PholioInlineViewController' => 'PholioController',
     'PholioMock' =>
     array(
diff --git a/src/applications/pholio/application/PhabricatorApplicationPholio.php b/src/applications/pholio/application/PhabricatorApplicationPholio.php
index 52cd7f2f64..ed67840ede 100644
--- a/src/applications/pholio/application/PhabricatorApplicationPholio.php
+++ b/src/applications/pholio/application/PhabricatorApplicationPholio.php
@@ -54,7 +54,8 @@ final class PhabricatorApplicationPholio extends PhabricatorApplication {
           'save/' => 'PholioInlineSaveController',
           'delete/(?P<id>\d+)/' => 'PholioInlineDeleteController',
           'view/(?P<id>\d+)/' => 'PholioInlineViewController',
-          'edit/(?P<id>\d+)/' => 'PholioInlineEditController'
+          'edit/(?P<id>\d+)/' => 'PholioInlineEditController',
+          'thumb/(?P<imageid>\d+)/' => 'PholioInlineThumbController'
         ),
       ),
     );
diff --git a/src/applications/pholio/controller/PholioInlineThumbController.php b/src/applications/pholio/controller/PholioInlineThumbController.php
new file mode 100644
index 0000000000..dfc906e689
--- /dev/null
+++ b/src/applications/pholio/controller/PholioInlineThumbController.php
@@ -0,0 +1,40 @@
+<?php
+
+/**
+ * @group pholio
+ */
+final class PholioInlineThumbController extends PholioController {
+
+  private $imageid;
+
+  public function willProcessRequest(array $data) {
+    $this->imageid = idx($data, 'imageid');
+  }
+
+  public function processRequest() {
+    $request = $this->getRequest();
+    $user = $request->getUser();
+
+    $image = id(new PholioImage())->load($this->imageid);
+
+    if ($image == null) {
+      return new Aphront404Response();
+    }
+
+    $mock = id(new PholioMockQuery())
+      ->setViewer($user)
+      ->withIDs(array($image->getMockID()))
+      ->executeOne();
+
+    if (!$mock) {
+      return new Aphront404Response();
+    }
+
+    $file = id(new PhabricatorFile())->loadOneWhere(
+      'phid = %s',
+      $image->getFilePHID());
+
+    return id(new AphrontRedirectResponse())->setURI($file->getThumb60x45URI());
+  }
+
+}
diff --git a/src/applications/pholio/view/PholioTransactionView.php b/src/applications/pholio/view/PholioTransactionView.php
index 6271d164b3..21619bcc37 100644
--- a/src/applications/pholio/view/PholioTransactionView.php
+++ b/src/applications/pholio/view/PholioTransactionView.php
@@ -73,11 +73,35 @@ final class PholioTransactionView
         if (!$inline->getComment()) {
           continue;
         }
-        $out[] = parent::renderTransactionContent($inline);
+        $out[] = $this->renderInlineContent($inline);
       }
     }
 
     return $out;
   }
 
+  private function renderInlineContent(PholioTransaction $inline) {
+    $comment = $inline->getComment();
+
+    $thumb = phutil_tag(
+      'img',
+      array(
+        'src' => '/pholio/inline/thumb/'.$comment->getImageID(),
+        ));
+
+    $link = phutil_tag(
+      'a',
+      array(
+        'href' => '#'
+      ),
+      $thumb);
+
+    $inline_comment = hsprintf('<p>%s</p>', $comment->getContent());
+
+    return phutil_tag(
+      'div',
+      array('class' => 'pholio-transaction-inline-comment'),
+      array($link, $inline_comment));
+  }
+
 }
diff --git a/webroot/rsrc/css/application/pholio/pholio.css b/webroot/rsrc/css/application/pholio/pholio.css
index e0a05c9e4c..c623bc1abf 100644
--- a/webroot/rsrc/css/application/pholio/pholio.css
+++ b/webroot/rsrc/css/application/pholio/pholio.css
@@ -182,3 +182,18 @@
   color: #fff;
   font-weight: bold;
 }
+
+.pholio-transaction-inline-comment {
+  display: table-row;
+}
+
+.pholio-transaction-inline-comment img {
+  display: table-cell;
+  padding-bottom: 2px;
+}
+
+.pholio-transaction-inline-comment p {
+  display: table-cell;
+  vertical-align: middle;
+  padding-bottom: 2px;
+}