Has anyone figured a way to move the iPhoto library to another location and still have it work? I didn't use the previous versions of iPhoto for speed reasons as well as some other minor quirks.
I watched the MWSF Keynote and was impressed with iLife 4, so I bought it and thought I should give iPhoto another chance.

Speed has increased significantly

, but I have about 5 gigs of photos that I keep on an external 120gig FW HD. I don't want them on my internal drive as it is only 20gigs.
Can anyone help?
Cheers,
Bill