Well a long time ago I was going to write a tutorial about how to get that weird glare out of eyes in Photoshop, basically the idea is to make two masks around the glare and lower the brightness or saturation until it looks normal.

Now, in iOS 5, we get one touch red eye correction, huzzah, finally iPhoto meets the iPhone.
[caption id="attachment_1270" align="aligncenter" width="200" caption="Quick shot of me in the studio with half red eyes, mid correction"][/caption]