Because I had both P&P and Template Maker, I was eligible for a free upgrade.
I installed P&P and was looking to see how I could import my old templates, that I made; and lo and behold they were already included.
I suppose as iPhoto gets better this is less needed, but when it comes to printing out something just the way I want it, it's always back to P&P.
I've done things like a mini-scrapbook for my husband.
Also, I was able to save to CD, by moving all the photos I wanted on the CD, and then moving my P&P pages to the CD; making sure it found all the photos so it is all in one place.