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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. While the predicted adiabatic evolution of luminosity with time is very similar to results of previous work, the remaining disagreements reveal the magnitude of current uncertainty in brown dwarf evolution theory. We discuss the sources of those 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
Saumon et al. (Wed,) studied this question.