Derrick- have you had an opportunity to compare iPhoto 5 to Picasa 2? Curious.
I'm about to plop down the money for iLife'05; however, I dl'd Picasa 2 on my XP box yesterday (free free free) and was seriously impressed with the app. While I vastly prefer OS X to XP, I found Picasa to be a huge improvement over v.1 and even an improvement over iPhoto 4. So much so that I actually had the thought cross my brain that I'd like to use Picasa 2 for photo management ... but I rather jump to iPhoto 5 as well, I just would.
Quite interested in your thoughts between the two.