IPhoto gets beachball for 20 seconds everytime I launch it :/ PLEASE HELP!

Question

I just purchased a Electra 3G SSD from OWC and installed it into my 2009 Macbook Pro 2.26Ghz 4GB of ram. However, everytime I launch iPhoto it gets the beachball "stall" icon for about 20 full seconds. Does anyone know what the deal is. I am using a fresh Install of Mountain Lion (about a week in use) and iPhoto 09 (with all the latest firmware updates from Apple). It is very frustrating and I am hoping someone on here who is very experienced has a solution. 
I did install Snow Leopard off of a CD and then upgraded it with Mountian Lion from the app store if that makes a difference.
Thanks so much to anyone who helps,
I will be eagarly waiting for a response.

Answer 1

Make a temporary, backup copy (if you don't already have a backup of the library) and try the following:
1 - delete the iPhoto preference file, com.apple.iPhoto.plist, that resides in your
     User/Home/Library/ Preferences folder.
2 - delete iPhoto's cache file, Cache.db, that is located in your
User/Home/Library/Caches/com.apple.iPhoto folder (Snow Leopard and Earlier).
or with Mt. Lion from the User/Library/Containers/com.apple.iPhoto/
Data/Library/Caches/com.apple.iPhoto folder
3 - launch iPhoto and try again.
NOTE: If you're moved your library from its default location in your Home/Pictures folder you will have to point iPhoto to its new location when you next open iPhoto by holding down the Option key when launching iPhoto.  You'll also have to reset the iPhoto's various preferences.
NOTE 2:  In Lion and Mountain Lion the Library folder is now invisible. To make it permanently visible enter the following in the Terminal application window: chflags nohidden ~/Library and hit the Enter button - 10.7: Un-hide the User Library folder.
If you have problems locating the cache file don't worry about it.  The key file to delete and rebuild is the preference file.  Once you relaunch iPhoto reset the iPhoto prefs to what you want.
OT