Currently Being ModeratedMay 7, 2012 11:01 PM (in response to christidick)
You don't need iPhoto Buddy unless you're using iPhoto 5 (from 2005) or earlier.
Hold down the option (or alt) key key and launch iPhoto. From the resulting menu select 'Create Library' will do the same job.
To get photos into a new Library just import them from the Finder like you always do.