Lord knows I love a. Set it up once and it automatically updates as new photos arrive that meet its criteria.
I also love Photo Stream and the ability it gives me to view and share photos taken on my iPad from my iPhone, and vice versa. I also love being able to view my Photo Stream photos on my Mac in iPhoto, but what I don't love is the message I receive when I try to do anything but view these photos in iPhoto. You can't simply edit a photo in iPhoto's Photo Stream folder, and you can't drag a photo from Photo Stream to another folder. iPhoto insists that instead of editing or dragging or sharing a photo from this folder, I track down the original that has already been imported to my library. It helpfully offers a button to take me to the original, but I hate this extra step.
Thankfully, my old friend and ex-colleague Ben Patterson has a Smart Album solution for this very problem. It's a quick, five-step process that will save you time later if you are one to tweak and share Photo Stream photos in iPhoto.
Step 1. From the File menu, select new Smart Album.
Step 2. In the Smart Album window, give your album a name. Perhaps something creative like "Photo Stream."
Step 3. From the left pull-down menu under "Match the following condition," choose "Any Text."
Step 4. From the middle pull-down menu, choose "contains."
Step 5. From the right pull-down menu, type "Photo Stream" and click OK.
Your new Photo Stream Smart Album resides under the Albums header in the left panel of iPhoto. And you can jump in and edit, drag, and share photos without the bother of getting redirected to the original first.
(Via Here's the Thing)