The present invention relates to a golf club head having a multifunctional damping assembly. In certain aspects, the invention provides a damping assembly configured to provide dampening of vibrational response of the club head upon impact of the club face with a golf ball, thereby improving the feel of the club. The damping assembly is further configured to provide information to a golfer in the form of visual and/or audible feedback indicative of one or more characteristics of a golf ball strike with the club face.