Gamma-Ray Burst (GRB) locations are distributed isotropically on the s
ky, but the intensity distribution of the bursts seems clearly incompa
tible with spatial homogeneity. Of the scenarios that attempt to provi
de an explanation, there are two that enjoy current popularity: (1) GR
Bs are produced by high-velocity neutron stars that have formed an ext
ended (similar to 100 kpc) spherical halo or ''corona'' around our gal
axy. (2) The bursters are at cosmological distances, with redshifts ne
ar unity for the weaker events. The major evidence used to argue for o
r against each of these scenarios remains inconclusive. Assuming, not
unreasonably, that the cosmological scenario is correct, one can discu
ss the advantages and disadvantages of studying GRBs as opposed to oth
er objects at moderate redshift. We find that the advantages of GRBs-h
igh intensity, penetrating radiation, rapid variability, and no expect
ed source evolution-are offset by observational difficulties pertainin
g to the extraction of cosmological information from GRB data. If the
cosmological scenario proves to be correct and if the observational di
fficulties are overcome, then cosmologists certainly should care.