I found this great read on Image SEO on searchenginewatch.com
Quote:
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Image search results are being pushed up more and more into the contextual (web) search results, and to improve usability...
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Article:
http://searchenginewatch.com/showPage.html?page=3624327
SearchBliss is #1 in Google for "webmaster services" for example, but on the image search ??? Could optimizing images be beneficial? Probably.