In the early half of the 20th century, questions were raised about dif
ferent rates of deposition reflected in the stratigraphic record and o
f small gaps or diastems. Even more discussion centered upon rhythms a
nd cycles of deposition-at one extreme were glacial varves and at the
other were Carboniferous cyclothems. After World War II, interest in s
tratigraphic cycles declined. Then the turbidity current revolution st
imulated interest in event deposits, which interest has surged again r
ecently with a focus upon storm deposits. Meanwhile, the recent dramat
ic growth of sequence stratigraphy has rekindled interest in both cycl
icity and eustasy. The two themes-events and cycles-should be better i
ntegrated, for there is considerable confusion about the interpretatio
n of high-frequency sequences. There is also a need to reconcile the c
urrent fad for Milankovitch-related sedimentary cycles versus more or
less random event deposits. The most familiar event deposits are turbi
dites in deep-water and tempestites in shallow-water environments. Mor
e subtle are the diastems, which include non-depositional surfaces as
well as scoured surfaces. Other processes that can produce event depos
its include avalanches and tsunamis. Potentially, any type of event de
posit could be mistaken for a sequence boundary. For example, submarin
e megabreccias could be formed either by a seismic event unrelated to
any sea level change, or by slope failure resulting from a eustatic fa
ll associated with a sequence boundary. To surmount the intellectual b
arrier to alternate interpretations requires careful attention to proc
esses, time resolution, and objective tests for periodicity.