I've been working with the new iPhoto 5 today. It is the first time in quite a while where I wasn't in the middle of a project that would prevent my doing the upgrade right away. Basically iPhoto 5 has been a complete bust. The upgrade process took about an hour for my 3000+ photos. Then the trouble started. All of my old photos are blank. Reading up at the Apple discussion groups there seem to be several others with the same problems. iPhoto 5 will come up and say for hours on end that it is "Loading Photos" but nothing ever happens.
For some time I've been slowly moving towards putting my whole collection in iView MultiMedia instead of iPhoto. Now with a completely worthless iPhoto install I'll be making the move sooner rather than later. Also it should be noted that the iPhoto 5 album setup breaks seeing albums in iWasCoding's Garage Sale. Not surprising particularly but frustrating.
While we're on that topic, Garage Sale is a pretty good program. Two things make it a pain. First, although I paid for a multi-user license to give them some more support, I still get postings on eBay with the annoying Garage Sale ad in them. It is not shareware. I paid for a commercial product and they don't even show it in their preview, but put it on the posting. Also when selling technology items it is necessary to go to eBay's site and add details to make the listings take advantage of the extra features on eBay. Those gripes aside, Garage Sale has been great for collecting listings and getting the info together for a listing. Read more about Forcing a change