Downloaded iPhoto from app store and crashes as soon as I try to open

Please someone help!!
I purchased iPhoto and downloaded it from the app store.  Haven't been able to use it.  It crashes and I get the crash report below.  I've looked on all the forums and I deleted the plist or whatever from the library.  I tried removing iPhoto and reinstalling.  I'm a new Macbook Pro user.  Have the 15" Macbook Pro running Lion.  My wife and I each have iPhone 4s with 5.1 OS and want to take advantage of the photo features.  Again, Thanks for your help
Process:         iPhoto [21206]
Path:            /Applications/iPhoto.app/Contents/MacOS/iPhoto
Identifier:      com.apple.iPhoto
Version:         9.2.1 (9.2.1)
Build Info:      iPhotoProject-628000000000000~1
App Item ID:     408981381
App External ID: 4641130
Code Type:       X86 (Native)
Parent Process:  launchd [148]
Date/Time:       2011-11-18 22:15:50.494 -0500
OS Version:      Mac OS X 10.7.2 (11C74)
Report Version:  9
Interval Since Last Report:          447891 sec
Crashes Since Last Report:           16
Per-App Crashes Since Last Report:   8
Anonymous UUID:                      A5BFFA34-AF15-4EB6-BC17-73A9B09C9B30
Crashed Thread:  0  Dispatch queue: com.apple.main-thread
Exception Type:  EXC_CRASH (SIGABRT)
Exception Codes: 0x0000000000000000, 0x0000000000000000
Application Specific Information:
*** error for object 0x2e8a670: pointer being freed was not allocated
objc[21206]: garbage collection is OFF
Thread 0 Crashed:: Dispatch queue: com.apple.main-thread
0   libsystem_kernel.dylib                  0x9752c9c6 __pthread_kill + 10
1   libsystem_c.dylib                       0x9ae2af78 pthread_kill + 106
2   libsystem_c.dylib                       0x9ae1bbdd abort + 167
3   libsystem_c.dylib                       0x9ae7de61 free + 448
4   com.apple.CoreServices.CarbonCore          0x9bc658a6 DisposePtr + 36
5   com.apple.DesktopVideoOut               0x02fb78c0 DVOClose + 160
6   com.apple.CoreServices.CarbonCore          0x9bc75514 callComponentStorage_44 + 25
7   com.apple.CoreServices.CarbonCore          0x9bd2445d _ZL38CallComponentFunctionCommonWithStoragePPcP19ComponentParametersPFlvEm + 45
8   com.apple.CoreServices.CarbonCore          0x9bd2449d CallComponentFunctionWithStorageProcInfo + 30
9   com.apple.DesktopVideoOut               0x02fb751c DVOComponentDispatch + 98
10  com.apple.CoreServices.CarbonCore          0x9bc9a5f5 CallComponent + 223
11  com.apple.CoreServices.CarbonCore          0x9bc9a63e CallComponentDispatch + 29
12  com.apple.CoreServices.CarbonCore          0x9bd06868 CallComponentClose + 43
13  com.apple.CoreServices.CarbonCore          0x9bc95b89 CloseComponentInternal(ComponentInstanceRecord*) + 95
14  com.apple.CoreServices.CarbonCore          0x9bc992f9 OpenAComponent + 495
15  com.apple.CoreServices.CarbonCore          0x9bc99334 OpenComponent + 24
16  com.apple.CoreServices.CarbonCore          0x9bc9a57c CallComponent + 102
17  com.apple.CoreServices.CarbonCore          0x9bc9a63e CallComponentDispatch + 29
18  com.apple.CoreServices.CarbonCore          0x9bd06806 CallComponentVersion + 37
19  com.apple.CoreServices.CarbonCore          0x9bc97edc getComponentVersion(RegisteredComponent*) + 199
20  com.apple.CoreServices.CarbonCore          0x9bc97fbb _ZL12DestroyOlderP19RegisteredComponentl + 178
21  com.apple.CoreServices.CarbonCore          0x9bc98b25 RegisterComponentResourcePtr + 688
22  com.apple.CoreServices.CarbonCore          0x9bc92946 registerSystemComponents + 870
23  com.apple.CoreServices.CarbonCore          0x9bc97d36 FindNextComponentInternal(ComponentRecord*, ComponentDescription*, unsigned long) + 66
24  com.apple.CoreServices.CarbonCore          0x9bc994f7 FindNextComponent + 54
25  com.apple.iPhoto                        0x00010e61 0x1000 + 65121
26  com.apple.iPhoto                        0x00010a29 0x1000 + 64041
Thread 1:: Dispatch queue: com.apple.libdispatch-manager
0   libsystem_kernel.dylib                  0x9752d90a kevent + 10
1   libdispatch.dylib                       0x90254c58 _dispatch_mgr_invoke + 969
2   libdispatch.dylib                       0x902536a7 _dispatch_mgr_thread + 53
Thread 2:
0   libsystem_kernel.dylib                  0x9752d02e __workq_kernreturn + 10
1   libsystem_c.dylib                       0x9ae2accf _pthread_wqthread + 773
2   libsystem_c.dylib                       0x9ae2c6fe start_wqthread + 30
Thread 3:
0   libsystem_kernel.dylib                  0x9752c83e __psynch_cvwait + 10
1   libsystem_c.dylib                       0x9ae2ce78 _pthread_cond_wait + 914
2   libsystem_c.dylib                       0x9ae2cf7b pthread_cond_timedwait_relative_np + 47
3   com.apple.Foundation                    0x90d79507 -[NSCondition waitUntilDate:] + 427
4   com.apple.Foundation                    0x90d3f92a -[NSConditionLock lockWhenCondition:beforeDate:] + 294
5   com.apple.Foundation                    0x90d3f7fe -[NSConditionLock lockWhenCondition:] + 69
6   com.apple.proxtcore                     0x01759702 -[XTMsgQueue waitForMessage] + 50
7   com.apple.proxtcore                     0x017586b0 -[XTThread run:] + 416
8   com.apple.Foundation                    0x90d46f7d -[NSThread main] + 45
9   com.apple.Foundation                    0x90d46f2d __NSThread__main__ + 1582
10  libsystem_c.dylib                       0x9ae28ed9 _pthread_start + 335
11  libsystem_c.dylib                       0x9ae2c6de thread_start + 34
Thread 4:
0   libsystem_kernel.dylib                  0x9752d02e __workq_kernreturn + 10
1   libsystem_c.dylib                       0x9ae2accf _pthread_wqthread + 773
2   libsystem_c.dylib                       0x9ae2c6fe start_wqthread + 30
Thread 5:
0   libsystem_kernel.dylib                  0x9752ac22 mach_msg_trap + 10
1   libsystem_kernel.dylib                  0x9752a1f6 mach_msg + 70
2   com.apple.CoreFoundation                0x983e70ea __CFRunLoopServiceMachPort + 170
3   com.apple.CoreFoundation                0x983f0214 __CFRunLoopRun + 1428
4   com.apple.CoreFoundation                0x983ef8ec CFRunLoopRunSpecific + 332
5   com.apple.CoreFoundation                0x983ef798 CFRunLoopRunInMode + 120
6   com.apple.Foundation                    0x90cf3607 -[NSRunLoop(NSRunLoop) runMode:beforeDate:] + 273
7   com.apple.proxtcore                     0x0175aaed -[XTRunLoopThread run:] + 509
8   com.apple.Foundation                    0x90d46f7d -[NSThread main] + 45
9   com.apple.Foundation                    0x90d46f2d __NSThread__main__ + 1582
10  libsystem_c.dylib                       0x9ae28ed9 _pthread_start + 335
11  libsystem_c.dylib                       0x9ae2c6de thread_start + 34
Thread 6:
0   libsystem_kernel.dylib                  0x9752ac22 mach_msg_trap + 10
1   libsystem_kernel.dylib                  0x9752a1f6 mach_msg + 70
2   com.apple.CoreFoundation                0x983e70ea __CFRunLoopServiceMachPort + 170
3   com.apple.CoreFoundation                0x983f0214 __CFRunLoopRun + 1428
4   com.apple.CoreFoundation                0x983ef8ec CFRunLoopRunSpecific + 332
5   com.apple.CoreFoundation                0x983ef798 CFRunLoopRunInMode + 120
6   com.apple.Foundation                    0x90cf3607 -[NSRunLoop(NSRunLoop) runMode:beforeDate:] + 273
7   com.apple.proxtcore                     0x0175aaed -[XTRunLoopThread run:] + 509
8   com.apple.Foundation                    0x90d46f7d -[NSThread main] + 45
9   com.apple.Foundation                    0x90d46f2d __NSThread__main__ + 1582
10  libsystem_c.dylib                       0x9ae28ed9 _pthread_start + 335
11  libsystem_c.dylib                       0x9ae2c6de thread_start + 34
Thread 0 crashed with X86 Thread State (32-bit):
  eax: 0x00000000  ebx: 0x00000002  ecx: 0xbffff86c  edx: 0x9752c9c6
  edi: 0xacff22c0  esi: 0x00000006  ebp: 0xbffff888  esp: 0xbffff86c
   ss: 0x00000023  efl: 0x00000246  eip: 0x9752c9c6   cs: 0x0000000b
   ds: 0x00000023   es: 0x00000023   fs: 0x00000000   gs: 0x0000000f
  cr2: 0x02cff000
Logical CPU: 0

Yes! I too

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