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When you click Photos in the Source list, or when you double-click an Event, you arrive at the main iPhoto display. It’s called, for want of a better term, Photos view.
This is your lightbox, your slide sorter. Here, every photo has its own thumbnail. You can scroll through this list, looking over your pictures or marking them with keywords, ratings, and descriptions. Here’s where you choose photos for inclusion in slideshows, prints, books, and calendars.
In short, this is the view where you’ll be spending most of your organizational time.
You can make the thumbnails in iPhoto grow or shrink using the Zoom slider in the iPhoto toolbar, just under the photo-viewing area. Drag the slider all the way to the left, and you get micro-thumbnails so small that you can fit hundreds of them in the iPhoto window. Drag it all the way to the right, and you end up with larger thumbnails, though they’re not as big as they were in previous versions of the program.