I look at Events as just a way to get photos into iPhoto. Most of the time all the photos in an Event are related some how so you can select them all and add a Keyword to all at the same time. Also with Keywords on each photo you won't have to remember which Event the photo is in a few years from now. You can have as many Keywords as you want on a photo to help find them later. Now with a few keywords added to your photos you can make some Smart Album's and your photos will pop right into them. With a Smart Album for "Holidays" and a rule to add all photos with the Keyword "Holiday" all Holiday photos will go there. Holiday photos could also have the Keywords "Birthday", Christmas" etc. Then they would all be in the Holiday Smart Album that you could scroll thru or just start to type in Birthday and all the Birthday photos will popup. You can sort by Date, Keyword, Title or Rate to find the photo or photo's you want. with a little forethought on making Keywords and Smart Albums there is almost and endless way to find your photos easy. Now with Faces and Places in iPhoto 09 there is even more ways to find the photos you want. As you can tell, I'm sold on iPhoto, Never again will I waste time digging in folders and subfolders and trying to remember what year I took a Photo of uncle Bob with the funny hat while on vacation at some lake. Now he is just a few key clicks away.