The significant conclusions of a conference called 'Meteorite Impact and the Early Earth' are reported including data which support the notion that extraterrestrial impacts greatly influenced the development of the earth. The cratering of other planetary surfaces is discussed, and the energy added by meteorite impacts is characterized. The primary effects of large impacts are set forth in terms of atmospheric, oceanic, and biological considerations which suggest that the ramifications would have been significant. Contentious issues include the variation of impact rate with time in the early universe, the interpretation of the record of intense bombardment in the lunar highlands, and the effects related to alternative scenarios. Directions of future study are mentioned including the identification of terrestrial impact structures, conducting searches in the Archean, and assessing ancient impact rates.