  Luhman and collaborators recently discovered an early-T dwarf companion to
the G0 dwarf star HN Peg, using Spitzer Infrared Array Camera (IRAC) images.
Companionship was established on the basis of the common proper motion inferred
from 1998 Two Micron All Sky Survey images and the 2004 IRAC images. In this
paper we present new near-infrared imaging data which confirms the common
proper motion of the system. We also present new 3 - 4 um spectroscopy of HN
Peg B, which provides tighter constraints on both the bolometric luminosity
determination and the comparison to synthetic spectra. New adaptive optics
imaging data are also presented, which shows the T dwarf to be unresolved,
providing limits on the multiplicity of the object. We use the age, distance
and luminosity of the solar-metallicity T dwarf to determine its effective
temperature and gravity, and compare synthetic spectra with these values, and a
range of grain properties and vertical mixing, to the observed 0.8 - 4.0 um
spectra and mid-infrared photometry. We find that models with temperature and
gravity appropriate for the older end of the age range of the system (0.5 Gyr)
can do a reasonable job of fitting the data, but only if the photospheric
condensate cloud deck is thin, and if there is significant vertical mixing in
the atmosphere. Dwarfs such as HN Peg B, with well-determined metallicity,
radius, gravity and temperature will allow development of dynamical atmosphere
models, leading to the solution of the puzzle of the L to T dwarf transition.
