Apple has just released an update to iPhoto boosting it up to v.9.2.1!  

What’s New in iPhoto 9.2.1

- Addresses an issue that could cause iPhoto to quit unexpectedly on Macs with the 3ivxVideoCodec plug-in installed

This update weighs at 357.18MB and requires Mac OS  X 10.6.8 or 10.7.2!