Yeah, couldn't time machine just save the version of the iphoto library file that has the information about what pictures are included in the library at that moment? For either version it's just a selection of files that need to be backed up, right?
I know it backs up everything, Im talking about when it comes time to restore some photos lets say. Wouldn't iPhoto require an update to be able to work with TM to restore photos from within iPhoto? I mean sure I can use spotlight and serach for the images, but all of my pics are named DSCxxxx, so thats not very practical.