DavisBJ. I don't have it all in front of me right now. I was stating this from memory. I read an enormous amount of material and it is not always easy to go back and find the exact details on a moments notice. The 300,000 year figure? First there is not reason to believe the earth is 4.5 billions years old other than radiometric dating and an assumption that mutation with selection pressure can produce the complex life forms we see today. Based on that assumption, they take known mutation rates and extrapolate back in time to get like 600,000 years for the first multicellular animals of the ediacaran period. That age is first determined by radiometric dating and then it is seen if known mutation rates are compatible with that age. They assume that it took about 2.5 billion years to get from the first microbes of the archean to the multicellular edicaran period. This took longer they assume because the same mechanisms were not in play during this period as they were during the phanerozoic period.
All of what i just stated is to show that , other than radiometric dating, there is no good reason to believe in a 4.5 billion year old earth.
I arrive at 300,000 because it allows for 200,000 years for mitochondrial eve. She is the same species as we are and even if you assume the other hominid fossils are human ancestors, they are not far removed from homo sapiens in the fossil record.....2 million radiometric years. That is not much time on the radiometric scale. My point is that the all hominids are not far apart and we have actual molecular evidence that our own species is as old as 200,000 years. If radiometric dating is off by orders of magnitude as i claim it is, then the other hominids are not much older than 200,000 years. You may protest that this time only includes hominids, but all the other fossils are not necessarily ancestors of each other in a tree of life , and therefore, there is no reason to assume any significant time elapsed during the deposition of all these fossils. They could simply be a record of recolonization of life on earth after all life had been destroyed before. Other than radiometric dating, there is no reason to assume all the sedimentary layers took billions of years to form either. I can show you that they can form in less than a million years.
With all that said, why couldn't the earth be only 300,000 years old? Radiometric dating is really the only evidence that goes against it. There are several lines of evidence that this dating is grossly exaggerated. Sedimentation rates of the cretaceous for instance show only 4,000 years of accumulation for instance.