I missed this from a couple of months ago — Ted Landau writing for Macworld:
While Apple could include Photos under the iLife rubric as the replacement for iPhoto, I doubt that the company will do so. Rather, I suspect the new app will be marketed much like iTunes, as a standalone app that’s bundled with the operating system. If so, this would technically mean that only two apps remain as part of iLife: iMovie and GarageBand.
I remember paying $79 for iLife when I bought my first Mac in 2006. It was great then and I continue to believe that the “iLife” suite of software is one of the most compelling reasons for someone to buy a Mac — with iPhoto being the most important among the iLife apps.
This transition from iPhoto to Photos does worry me a bit. iPhoto is always the first piece of software I bring up when I’m trying to convince a friend or family member to switch from Windows to Mac. Everyone takes photos now and iPhoto is the easiest piece of software I’ve found to manage and organize them. Which is why Apple replacing iPhoto with Photos makes me a bit uneasy — I’d rather them not mess with a good thing for fear of them screwing it up in the process. But, I suppose I’ll have to temper my fears until Apple releases Photos (likely) late next month.