How to share iPhoto library between multiple users

I am looking for advice on the best way to share an iPhoto library between two users on the same Mac.

I currently use this approach and it works fine most of the time. One issue I have is that I will get a permission error when syncing my iPod. This seems to happen if the other user has used iPhoto and I have not opened iPhoto before syncing the iPod. If I open iPhoto then sync the iPod again there is no error.

How do others solve this problem?

Solution 1:

Apple suggests you do it like this:

http://support.apple.com/kb/HT1198

Answer is too long to copy/paste here, so it's best to check it out at their site.