Precisely at the percolation threshold, we show that a superconductor-
insulator composite in 2d behaves like a normal metal, with a conducta
nce g(e) which is a universal function of the material parameters. For
a composite of BCS superconductor and insulator, we find that g(e) =
C(DELTAg(n)epsilon(I))1/2, where epsilon(I) is the dielectric constant
of the insulating component, DELTA = DELTAd/e2, DELTA is the BCS ener
gy gap, d is the film thickness, and C is a dimensionless constant of
order unity. g(e) and g(n) are the conductances of the film at thresho
ld, and of the normal component, both measured in units of e2/hBAR. Ve
ry near the threshold, g(e) falls to zero below a gap which vanishes a
t p(c) according to the power law \p-p(c)\(s+t)/2, where s and t are t
he standard percolation exponents. Above but not below p(c), the compo
site exhibits a perfect-conductance delta-function whose strength fall
s to zero as (p-p(c))t.