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Yep - though for reasons that surpass me, it's listed as 'Share...' under the 'File' menu, rather than something reasonable like 'Export' - doubly so since it's under the 'Import' choice...
While Apple makes great stuff, and the 'Share' choice exists all over the iLife programs, in this case, it replaces a very well-known and well-understood option that most users look for - "Export"
Grrr..
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