A joint theory-experimental workshop on the capabilities of a 7 TeV LHC run for discovering new physics, with a focus on what the early LHC can do that Tevatron has not or is not anticipated to do. Topics include classifying detector differences, reviewing channel by channel limits,  likely models for early discovery at lower energy LHC, understanding how the early LHC experiments'  tagging efficiencies, resolution, triggering etc will impact new physics searches,  and useful (model independent)  ways to characterize and present data.