  We review the results of large scale simulations of noncompact quenched $QED$
which use spectrum and Equation of State calculations to determine the theory's
phase diagram, critical indices, and continuum limit. The resulting anomalous
dimensions are in good agreement with Schwinger-Dyson solutions of the ladder
graphs of conventional $QED$ and they satisfy the hyperscaling relations
expected of a relativistic renormalizable field theory. The spectroscopy
results satisfy the constraints of the Goldstone mechanism and PCAC, and may be
indicative of Technicolor versions of the Standard Model which are strongly
coupled at short distances.
