I talked with my wife about the swirling MacRumors over dinner, and she had an interesting thought:
iTunes is a content *distribution* system as much as a content-management system.
What if the new iPhoto was similarly linked to Apple's servers, allowing them to get into the stock-photography business? The new iPhoto allows Photographers to not only manage their libraries of images and do minor-retouching, but also to upload their collections (as full size images ready to use) to Apple's iPhoto server-farm (either free or for a modest fee) and then charges commission on all downloads made through their service. The advantage to the photographer is centralized global distribution with high visibility, easy searching, and easy/integrated management with software on their Mac. The advantage to the photoeditor is a great search engine, low cost, high availability, and single provider. The advantage to Apple, is the revenue generated by the service, the fact that every photographer will need a Mac to use it, and even more visibility. Everyone wins.
Whadayathink?