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Apple has released iPhoto 9.2. This update supports compatibility with iCloud and iOS 5 and addresses the following issues:
Left and right swipe gestures can now be used to navigate between photos in Magnify (1-up) view
Previously imported photos are now displayed in a separate section of the Import window
Book/calendar themes and card categories can now be selected using a pop-up menu in the carousel view
Resolves an issue that could cause some pages of books to print incorrectly
Rebuilding a library now correctly preserves saved slideshows and books
Website: Apple iPhoto 9.2