Right now, there are two annoying things about photo sharing sites: uploading large batches of photos can be time-consuming, and privacy often falls by the wayside (or, at least, privacy features are often hidden and hard to find). Memeo Share v.1.0, launched this morning, allows users to share photos simply by dragging and dropping them into a linked folder on their desktop. Moreover, they can create any number of Sharing Circles (e.g. “family” or “college friends”) so that you don’t have to keep the pictures public or manually assign viewing rights every time you upload photos. Once you upload photos, members of your Sharing Circle will receive an e-mail with a link to your Memeo site. Then, your friends can decide which, if any, of your photos they want to download. They do not need to have a Memeo account to view your photos. Users with free accounts can store up to 1GB on the site; unlimited storage costs $4.95 per month. An iPhone app, MemeoPhoto, will also be available soon. One downside about Memeo is that users can’t organize photos as albums, but they can add tags. Users can also add captions, while your friends can leave comments and rate pictures. Finally, Memeo Share is integrated with popular sharing sites, including Facebook, MySpace, Google Picasa, and others. Screens, after the jump.