Just uploaded a new version with many bug fixes! The app *should be* compatible with Gingerbread+ devices now and the layout should update appropriately. If you have other Android devices, please test and report any issues. Thank you and hope you like the new version!
--- The following was added to the OP ---
EDIT 1/24/12 - V3.3 Uploaded FotolioV3.3.apk
-> Fixed thumbnail scaling issues (Please select the "Delete Thumbnails" option to recreate thumbnails)
-> Optimized cache storage for Thumbnails (Please select the "Delete Thumbnails" option to recreate thumbnails)
-> Layout now changes based on screen size (Preparation for making app compatible on all Gingerbread+ devices)
-> Code clean-up and fixed Gingerbread NullPointer error crash
** I spent a good bit effort cleaning things up so that I can start adding some additional functionality - Please voice your recommendations on what you would like to see next. My focus will likely be on additional bug-fixes and adding the multiple portfolio functionality. **