Other systems (like samarium-neodymium) are most often used when trying to date things older than the Earth, e.g. meteorites.
Two reactions to that, either: ahhhhh sweeeeeeet, or I feel sick, pass me a bucket. So, up vote for sweet, or down vote for bucket. :)
(Normally I like a Sunday rant. I feel different today)
There are many other forms of radiometric dating, though. Uranium-lead dating has proven relatively accurate for periods of time between 1 million to 4.5 billion years ago.
Note: I'm not a geologist. I remembered that carbon was only effective for a few thousand years from a geology course I had in college, but all of this information is actually taken from articles on wikipedia: http://en.wikipedia.org/wiki/Radiometric_dating
1) Verify the half-life value. Radiometric dating works on the same principle: look at the ratio of pre-substance to fissioned substance. If you have a good half-life value, you can determine the age of the specimen using those values.
2) Use two different methods for getting the same age. If you use multiple, independent methods of determining the age of something, and they all come out the same, you have greatly lessened the probability that you're wrong or missed something.
Of course there are ways that these can be strengthened even more using practices like double blinding the measurements.
A theory in science is a model backed by the huge majority of observational evidence and the collective experience of the model's community. There are no other equivalent human institutions for reliability. None.
So saying "it's just a theory" in the case of uranium-dating is a fairly unreasoned attitude.
People have done this many times, and most of the error comes from different levels of uncertainty in the decay constants from one system to another. Many of the decay constants have not been updated for decades (e.g. Steiger and Jager 1977) and are suspected to be a few percent off, but the people who are qualified to make such measurements (physicists + chemists) aren't the people who want to use them in applications (geochronologists and geochemists). So the incentives aren't aligned and I doubt anyone will ever fix them.
Note: Was a geology/geophysics PhD student until recently.