Apple released patches for several apps in the iLife ’08 Suite. iPhoto 7.1.4 is the only one that contains feature enhancements in addition to the typical “compatibility” and “stability updates”:
This update contains new holiday greeting card and postcard themes for use with Apple print products.
This update improves overall stability and addresses a number of other minor issues. It is recommended…
I applied the update to all my Macs without incident. No reboot is required. iPhoto is the only app I use and I haven’t noticed any issues with it.