Several people have mentioned "event layers" in reference to "feature layers". As I've poked around in the Esri documentation I haven't found a concise explanation for an "event layer". I suspect this may be an older term that isn't currently in use so I put the question out there to all you experienced GIS geeks ... what is an "event layer" and what is the fundamental difference between an "event layer" and a "feature layer". Thank you in advance and both helpful and correct answers will be flagged!
-Cam