1. Each Monday, I upload the photos on my camera to http://www.snapfish.com/ (and also to FaceBook, just for fun & so folks can keep up with His Majesty). There are a number of sites that do this, but I can paste them into a virtual album, add captions, even choose a background & photo layout. I love it because it's reasonably quick, there's no clutter or equipment to buy, and the website has great deals throughout the year. When you're finished with that particular album, wait for a sale and PRESTO!!! Lovely, colorful, skinny little album (which also makes a great gift - capitalize on this). Added benefit? If there were ever a flood, fire, Apocalypse, whatever, I could order another copy. You can also order hard prints, 8x10's, etc. if you have some photos that you'd like to pass down.
2. For items like your show program from "The Thunder from Down Under", drawings, cards, or other special memorabilia (your signed bra from The Thunder), they still mostly go into a traditional scrapbook with a date and brief caption.
3. If I'm saving maps, itineraries, etc from a trip, I put them all in a manila envelope and keep it at the back of the Snapfish album.
4. Next, bit by bit, I'll be taking the shoeboxes of photos and pictures crammed into random albums, scanning them, & doing the snapfish thing. It's going to be a looooooooooooooooong process, but I'll get through it photo by photo.
Saving family memories is really important, so it doesn't so much matter HOW you do it, just that you do. Or hire someone to do it for you (and then come take me shopping - you clearly have more money than you know what to do with). It would be SUCH a shame to lose some of those awesome pictures from, say, 1989. How DID you get your hair so high? (half a can of Rave) How long did it take you? (half an hour with a blow dryer and crimper) How awesome were you?! Very. Yeah, we rocked it.