Our colleagues have presented three useful papers. Lampher points out that farm enterprise budgets have been an essential component in the Extension Agricultural Economist's kit of tools for a long time. Researchers have tended to blow hot and cold in development of enterprise budgets. During the heyday of the regional adjustment studies, we had them coming out our ears. Most Extension Economists found this flurry of budget building to be of little value. As I look back, I think the main value that accrued was the number of my friends and colleagues who earned Ph.D.'s working on these projects.