After last weeks Lightroom meeting, I had a lot of people ask me about doing a written tutorial or video on what I went over. I plan to put something together in writing but it may be a couple of weeks until I'm able to so in the mean time, I'd like to post this live example of a smart object.
The layout is similar to that look that Apple has made so popular with coverflow and various ads but the image is kind of boring. Download the file, click through the layers paying close attention to their names and replace that macro shot of a pair of pliers with something a little more interesting. After you've replaced the file, take a look through the structure and see if you can figure out how it works.
Download a copy of the file, here. (Should be compatible back to Photoshop CS2)