The Kilodegree Extremely Little Telescope (KELT) project is a small aperture,
wide-angle search for planetary transits of solar-type stars. In this paper, we
present the results of a commissioning campaign with the KELT telescope to
observe the open cluster Praesepe for 34 nights in early 2005. Lightcurves were
obtained for 69,337 stars, out of which we identify 58 long period variables
and 152 periodic variables. Sixteen of these are previously known as variable,
yielding 194 newly discovered variable stars for which we provide properties
and lightcurves. We also searched for planetary-like transits, finding four
transit candidates. Follow-up observations indicate that two of the candidates
are astrophysical false positives, with two candidates remaining as potential
planetary transits.Comment: 45 pages, 16 figures. Submitted to AJ. PDF version with full
resolution figures located at
http://www.astronomy.ohio-state.edu/~pepper/kelt.pd