To backup your photos you simply export them from iPhoto to a folder and backup that up
To backup your iPhoto library (which includes your photos in two ro three versions), editing information, events, albums, projects and many other things you must backup the entire iPhoto library as a single entity
My iPhotos are divided between the internal drive and an external drive which currently works with Time Machine.
This does not make any sense - what eactly are you saying? do you have a default "managed" library (the iPhoto preference to "copy imported items to the iPhoto library is in its checked state) or a referenced library (you hae unchecked this preference? It is not possible to have the iPhoto library divided between two different disks
And you shoujld not have the iPhoto library on the same volume as the Time Machine backup
However I am unlikely to use TM in future if, as I understand, it only works by backing up the entire system rather than just selected files.
And again this makes no sense
First you certainly need to backup everyhing up - if you do not you will lsoe it sooner or later
second TM does do a total backup the first time but after that it only backs up what has changed
thrid - you can select exactly what it backups in the TM preferences - but again you really need to have at least one total backup constantly (I have three)
I would like to keep my photos organised by date so should I copy the entire iPhoto folder, including all the .data, etc files, onto the external drive?
In iPhoto you organize using iPhoto - you do not organize the files - if you want a file manager rather than a photo manager then you need to use a different program
LN