System 7.5.5 Update -- It's clear now that Apple has not yet released System 7.5.4, and in fact, according to sources, is fixing problems relating to the IR capabilities of some Macs. The update, when it comes out, will be renumbered to 7.5.5. The next mention of it in TidBITS will be when it's actually available. [ACE]
Better Text Formatting in iPhoto
If you're creating a card or book in iPhoto, and you're not happy with the formatting options for the text (such as line spacing or justification), copy the text out to TextEdit, make the changes you want there, and paste it back into iPhoto, which will retain your changes.