  Exploring the recent expansion history of the universe promises insights into
the cosmological model, the nature of dark energy, and potentially clues to
high energy physics theories and gravitation. We examine the extent to which
precision distance-redshift observations can map out the history, including the
acceleration-deceleration transition, and the components and equations of state
of the energy density. We consider the ability to distinguish between various
dynamical scalar field models for the dark energy, as well as higher dimension
and alternate gravity theories. Finally, we present a new, advantageous
parametrization for the study of dark energy.
