Long-term monitoring is of fundamental significance in solving many important problems in astrophysics and, furthermore, has unequalled value in extending observational runs with small telescopes for the education of young astronomers in order to teach them how to secure high-quality observational data over many years. The Impact of Long-Term Monitoring on Variable Star Research contains reports based on the analysis of data collected in the visible, IR and radio measurement ranges, as well as the design and history of well known photometric systems. Though the reporting of novel results forms an important part of the book, there are also reports of eight discussion sessions covering more general areas, such as extinction monitoring, the problems of archival storage of astronomical data, service observation, the role played by long-term monitoring in graduate teaching and thesis supervision, the interplay between the great observational effort and theory, the contribution of LTM to new knowledge of fundamental data, and the increasing decommissioning of telescopes of modest aperture.