iPhoto for the rest of us, how & how much?

in iPod + iTunes + AppleTV edited January 2014
I am looking forward to being able to order photo albums via iPhoto, a service confined to Americans thus far. I understand that this service is to be launched in March, will it require iPhoto 4, or will it just work or will we see a software update?

These albums look fantastic but they are very expensive in the USA. Any thoughts on how much extra we are going to be charged for the same service.
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