That are all good points - but Photos is a completely new application. and it is only version 1.
Continue to use iPhoto, girraween; the next update to Photos will probably add a few more features.
iPhoto 9.6.1 is working very well with MacOS X 10.10.3.
The migration let iPhoto installed and also your iPhoto Library will still work with iPhoto.
If you did not uninstall iPhoto, it will still be there in your Applications folder. And if you had updated to the latest version iPhoto 9.6.1 before you upgraded to MacOS X 10.10.3, you can simply drag iPhoto back to the Dock from your Applications folder and continue to use it. Double click iPhoto and confirm, that you want to open iPhoto and not Photos. It is not compulsory to use Photos, while it it still the first release. When you launch iPhoto, you will see a warning, that the iPhoto Library has been migrated to Photos, but simply click the "Open iPhoto" button.The library will still work with iPhoto. ()see: If Photos won't open a library that you already migrated - Apple Support
If your iPhoto version is not iPhoto 9.6.1, you need to update it.
See this User Tip:
Usually it will work to reinstall instead of updating:
Get iPhoto 9.6.1 if you didn't update before OS... | Apple Support Communities
The main idea is to move the iPhoto app to the Trash, so Spotlight does not see it as installed, reload the AppStore, and then to try to download again from the App Store - from your Purchases tab, not from the main page, since you can neither buy iPhoto nor update it, but you can reinstall, if your AppleID is associated with it.
Meanwhile you may want to send a feature request to Apple using the feedback form. Apple - Photos - Feedback
I hope, Apple will listen and add more features to Photos to make it usable for large Photo Libraries.