I am not a scrapbooker, but I am an obsessed picture taking mom. Here's what I did. It took a bit of work to get it done, but I feel good about it. I grew the second of 4 kids, and my mom put all of the pictures in one album together and we were all in all the pictures. Barely is there a shot with just me.
So, each of my kids got a baby book.
They also each got 4 albums of their first year. Yes, 800 pictures! I used the first year albums as a sort of memory/growth book by writing what they were doing as well as the age/date at the time the picture was taken.
I also have a family album which has family pictures. I made duplicates of favorites from their baby albums for that. I am not worried about being repetitive because it is only for the first year!
Finally, I make a hard covered photo book online for each year after the first. So, I make one book from age 1-2 and call it their second year book, etc. I have at least one spread in their photo book for pictures with siblings.
I really think it has been a lot of work (especially when I was doing the first 4 albums) and sorta expensive, but worth it. Now, when my kids want to know about themselves and their growth and milestones as a baby, they have a baby book and 4 albums of info and pictures ONLY about them.
But, I also have a family album for me with all my kids in it as well as other family stuff and relatives and friends.