My understanding is that there have been many cataclysmic events since life comenced on this planet. Between meteor strikes of which we likely only know of about 25% (just and uneducated guess based on the ones we haven't found and the ones that hit the water), volcanes and earthquakes I would think that we have had a number of events that would have wiped out all but the basic organisms.
I'm not trying to make a point here, but just asking a question. If life on the planet was continually being set back to the starting line has there been time for evolution to produce the creatures that it has?