You do not understand Photos
I did not get to copy my old Iphoto Libraries into Photos
No copying involved but Photos will open and migrate iPhoto (and Aperture) libraries keeping the organization
I don't have the ability to arrange photos or groups by folders or sub folders as previously in iPhoto
Photo supports exactly the same album/folder structure that iPhoto did - no difference at all
nor am I able to export them within the App
I have no idea what this means
add my watermark on them.
Of course you can - many ways, easiest is to edit in Preview
You need to learn how to use Photos - when you do you will find that it is superior to iPhoto in nearly every way but it is a different program, does have a leaning curve and does require different work flows - but learning it is much, much easier than learning LightRoom which had a giant learning curve and requires all, totally new work flows
LN