Thanks Larry,
Just to reassure you that I already have double backups of my library - this was just an additional safeguard.
Reference your answer, I understand that, but I don't get the underlying technical cause and effect. I would like to. Here is my attempt to demonstrate my understanding using three simple scenarios:
Scenario 1 - an image that I had originally imported to iPhoto before Photos existed resides in the iPhoto library. When I migrated to Photos, this file stays in the same place using a hard link between the Photos and iPhoto library. Some sort of registry entry (sorry - probably the wrong term) is created in the Photos library for this image, but the original image itself is in the iPhoto library. I want to keep this photo for good, so this is how it will always exist.
Scenario 2 - a new image is imported to Photos. It sits solely in the Photos library and never has anything to do with the iPhoto library. If I opened iPhoto, it would not appear.
Scenario 3 - exactly as per scenario 1, but this is an image that I don't want to keep. I have deleted it from Photos (and therefore presumably the Photos library). To get rid of this entirely, do I also need to find the file in the iPhoto library and delete it from there too?
It's Scenario 3 I don't fully understand. All the advice appears to say that there is no need to delete the old iPhoto library. But for the tidy user who wants to maximise storage space, you presumably either need to painstakingly delete images from both libraries, or get rid of the iPhoto library. However, if I do the latter, what happens to the image in Scenario 1?
Thanks...