The Procellarum Basin is thought by some to be the result of a gargant
uan impact that occurred very early in lunar history. It is suggested
that later impacts, such as Imbrium, would have partially obliterated
the outline of that ancient ''Gargantuan'' basin in most areas, leavin
g only its western margin with a circular shape. An alternative idea i
s that the Procellarum Basin is the result of faulting associated with
the Imbrium event. We have detected a subsurface horizon in Oceanus P
rocellarum using the Apollo lunar sounder experiment optical-format da
ta. The horizon is deepest at the western edge of the basin, and shall
ows eastward. We did not observe peak ring structure in the areas wher
e peak rings were predicted to exist according to the ''Gargantuan imp
act'' hypothesis. This observation implies that the alternative (grabe
n) formation hypothesis for Oceanus Procellarum may be more likely. hi
this paper, we also review other geophysical and geologic evidence th
at supports the graben hypothesis. Finally, we report on some new rada
r evidence of a 500-km-diameter pre-Imbrian impact basin beneath Mare
Insularum, in the Copernicus region.