Due to its universality oblivious transfer (OT) is a primitive of great importance in secure multi-party computation. OT is impossible to implement from scratch in an unconditionally secure way, but there are many reductions of OT to other variants of OT, as well as other primitives such as noisy channels. It is important to know how efficient such unconditionally secure reductions can be in principle, i.e., how many instances of a given primitive are at least needed to implement OT. For perfect (error-free) implementations good lower bounds are known, e.g. the bounds by Beaver (STOC '96) or by Dodis and Micali (EUROCRYPT '99). However, in practice one is usually willing to tolerate a small probability of error and it is known that these statistical reductions can in general be much more efficient. Thus, the known bounds have only limited application. In the first part of this work we provide bounds on the efficiency of secure (one-sided) two-party computation of arbitrary fi...