A particle impact drilling system and method are described. In several exemplary embodiments, the system and method may be a part of, and/or used with, an apparatus or system, methods, to excavate a subterranean formation. The system can including, for example, removing near-borehole damage, casing, window milling, fishing, drilling with casing, under reaming, coring, perforating, effective circulatory density management, assisted annular flow, and directional control. Embodiments of associated systems and methods are also included.