Exclusive two-photon reactions such as Compton scattering at large angles, deeply virtual Compton scattering, and hadron production in photon-photon collisions provide important tests of QCD at the amplitude level, particularly as measures of hadron distribution amplitudes and skewed parton distributions. Invited talk presented at Photon 2000 Ambleside, England August 26–31, 2000 ∗Work supporte...