  With its large effective area at hard X-rays, high time resolution and having
co-aligned other instruments, AstroSat/LAXPC was designed to usher in a new era
in rapid variability studies and wide spectral band measurements of the X-ray
binaries. Over the last five years, the instrument has successfully achieved to
a significant extent these Science goals. In the coming years, it is poised to
make more important discoveries. This paper highlights the primary achievements
of AstroSat/LAXPC in unraveling the behavior of black hole and neutron star
systems and discusses the exciting possibility of the instrument's contribution
to future science.
