I remember the three leading pre-Apollo hypotheses of the moon's formation: co-formation, capture and fission. As with many things in science, the evidence ultimately ruled them all out.
Yet in a sense they were all correct. Theia co-formed in the same orbit as the earth. It impacted the earth, which is a rather dramatic way of being captured by it. And the impact debris fissioned from the earth to form the moon.
Speaking of the giant impact hypothesis, are there any really good animations of a computer simulation? I'm still having trouble wrapping my brain around the magnitude and violence of such an event.