  We present new evolution sequences for very low mass stars, brown dwarfs and
giant planets and use them to explore a variety of influences on the evolution
of these objects. We compare our results with previous work and discuss the
causes of the differences and argue for the importance of the surface boundary
condition provided by atmosphere models including clouds.
  The L- to T-type ultracool dwarf transition can be accommodated within the
Ackerman & Marley (2001) cloud model by varying the cloud sedimentation
parameter. We develop a simple model for the evolution across the L/T
transition. By combining the evolution calculation and our atmosphere models,
we generate colors and magnitudes of synthetic populations of ultracool dwarfs
in the field and in galactic clusters. We focus on near infrared color-
magnitude diagrams (CMDs) and on the nature of the ``second parameter'' that is
responsible for the scatter of colors along the Teff sequence. Variations in
metallicity and cloud parameters, unresolved binaries and possibly a relatively
young population all play a role in defining the spread of brown dwarfs along
the cooling sequence. We find that the transition from cloudy L dwarfs to
cloudless T dwarfs slows down the evolution and causes a pile up of substellar
objects in the transition region, in contradiction with previous studies. We
apply the same model to the Pleiades brown dwarf sequence. Taken at face value,
the Pleiades data suggest that the L/T transition occurs at lower Teff for
lower gravity objects. The simulated populations of brown dwarfs also reveal
that the phase of deuterium burning produces a distinctive feature in CMDs that
should be detectable in ~50-100 Myr old clusters.
