Don't get me wrong. I think white space is very difficult to do and even harder to get right. But I saw one LO with a tiny tiny photo in the top rh corner of a 12x12 LO - not at all in eye line and so small and insignificant I could hardly see it.
And although these LO's are probably wonderful works of art, I feel they are getting away from the whole point of scrapbooking .. the photo!
However not one to critisis something I havent tried myself, I have had my own go, and while I was at it, try out the technique from Weeds and Wildflowers. The blog there has started giving photoshop and digi tuts every tuesday and this week it was text around a shape.

(Oh and can you spot the typo? I stupidly didnt save as a photoshop file so I cant amend it so will have to live with it!)