iPhoto 7.1.3 is ready to go
Fire up Software Update and you'll see iPhoto 7.1.3 which, according to Apple, "...Addresses issues with wire-bound books and cards." At least that's better than "Bug fixes."
If you've been having trouble with wire-bound books and cards, it looks like the nightmare is over. If you experience any trouble after downloading this update, let us know.
Thanks, Lee!