In a previous article, the author described an experimental arrangement suitable for generating small‐scale near‐boundary acoustic streaming, i.e., “microstreaming,” in a precise and controllable manner. Such microstreaming is of particular interest insofar as it can have considerable influence on processes taking place at a solid‐liquid interface. In the present paper, results of a comprehensive study of the microstreaming flow field associated with the aforementioned experimental system are discussed in some detail. Photographs are shown of the various flow configurations, and data are presented on streaming speeds as a function of significant experimental parameters. Theoretical expressions are developed along lines of conventional acoustic streaming theory to describe various features of the flow. The correlation between theory and experimental results is found to be good when certain criteria, described herein, are fulfilled.