We review the development of the I-Xe technique and how its data are interpreted, and specify the best current practices. Individual mineral phases or components can yield interpretable trends in initial 129I/127I ratio, whereas whole-rock I-Xe ages are often hard to interpret because of the diversity of host phases, many of which are secondary. Varying standardizations in early work require caution; only samples calibrated against Shallowater enstatite or Bjurböle can contribute reliably to the emerging I-Xe chronology of the early solar system.Although sparse, data for which I-Xe and Mn-Cr can be compared suggest that the two systems are concordant among ordinary chondrite samples. We derive a new age for the closure of the Shallowater enstatite standard of 4563.3 ± 0.4 Myr from the relationship between the I-Xe and Pb-Pb systems. This yields absolute I-Xe ages and allows data from this and other systems to be tested by attempting to construct a common chronology of events in the early solar system. Absolute I-Xe dates for aqueous and igneous processes are consistent with other systems. Consideration of the I-Xe host phases in CAIs and dark inclusions demonstrates that here the chronometer records aqueous alteration of pre-existing material. The ranges of chondrule ages deduced from the Al-Mg and I-Xe systems in Semarkona (LL3.0) and Chainpur (LL3.4) are consistent. Chainpur I-Xe data exhibit a greater range of ages than Semarkona, possibly reflecting a greater degree of parent body processing. However individual chondrules show little or no evidence of such processing. Determining the host phase(s) responsible for high temperature correlations may resolve the issue.