I have had run ins with iPhoto as well, sorry but if I cannot quickly locate my pictures in Finder something is wrong.

Who should have to go to a command line and run old school commands to find something they can clearly see otherwise using an app provided by the maker of the machine and OS?

I did the right click show in finder to find that directory for my photos and honestly could not determine how I would have gotten there in Finder starting at the top.

I really enjoy OS X but at times it can be downright annoying, annoying as in "If Microsoft makes doing "X" easy why is it so damn hard here"