The goal of this paper is to study irreducible families of codimension 3, Cohen-Macaulay quotients A of a polynomial ring R=k[x_0,x_1,...,x_n]; mainly, we study families of graded Cohen-Macaulay quotients A of codimension 1 on a codimension 2 Cohen-Macaulay algebra B defined by a regular section of (S^2K_B*)_t, the 2. symmetric power of the dual of canonical modul of B in degree t. We give lower bounds for the dimension of the irreducible components of the Hilbert scheme which contains Proj(A). The components are generically smooth and the bounds are sharp if t >> 0 and n=4 and 5. We also deal with a particular type of codimension 3, Cohen-Macaulay quotients A of R; concretely we restrict our attention to codimension 3 arithmetically Cohen-...