We have recently completed a search of 6 years of archival BATSE data for g
amma-ray bursts (GRBs) that were too faint to activate the real-time burst
detection system running on board the spacecraft. These "nontriggered" burs
ts can be combined with the "triggered" bursts detected on board to produce
a GRB intensity distribution that reaches peak fluxes a factor of similar
to 2 lower than could be studied previously. The value of the [V/V-max] sta
tistic (in Euclidean space) for the bursts we detect is 0.177 +/- 0.006. Th
is surprisingly low value is obtained because we detected very few bursts o
n the 4.096 s and 8.192 s timescales (where most bursts have their highest
signal-to-noise ratio) that were not already detected on the 1.024 s timesc
ale. If allowance is made for a power-law distribution of intrinsic peak lu
minosities, the extended peak flux distribution is consistent with models i
n which the redshift distribution of the gamma-ray burst rate approximately
traces the star formation history of the universe. We argue that this clas
s of models is preferred over those in which the burst rate is independent
of redshift. We use the peak flux distribution to derive a limit of 10% (99
% confidence) on the fraction of the total burst rate that could be contrib
uted by a spatially homogeneous (in Euclidean space) subpopulation of burst
sources, such as type Ib/c supernovae. These results lend support to the c
onclusions of previous studies predicting that relatively few faint "classi
cal" GRBs will be found below the BATSE onboard detection threshold.