Taking inventory of your possessions can be an immense task, if your faced with entering information into a database or spreadsheet about every product. Luckily, there’s a much more elegant and easier solution in Delicious Library.

With its revolutionary barcode scanning technology, Delicious Library allows one to scan in products using an iSight and have the computer automatically find the information. Items can also be added manually. All the products can then be viewed on virtual shelves, or by list.

The library of items are organized into a series of different groupings, such as ‘Movies’, and ‘Software’. These groups are automatically determined based on the product, but custom shelves can be created for custom groupings. Smart shelves can also be added based on a set of given criteria.

Delicious Library also allows for tracking items as you loan them out. ‘Friends’ can be added to Delicious from the OS X Address Book and their loaned out items can be tracked in iCal.

There’s also functionality within Delicious that allows for exporting to the web. Libraries can be exported to MobileMe, iWeb, using FTP, or to a local folder. The templates generated are beautiful, similar to the interface of the desktop application. Online libraries can also be imported into other users Delicious Libraries under the ‘Friends’ tab. For instance, you can add your friend’s library based on their online MobileMe Delicious Library. Libraries can also be exported to an iPod.

The application is beautifully designed, and works like a dream. If you’re interested in taking inventory of your various items, Delicious is definitely the easiest and slickest way to go. At $40, Delicious Library isn’t cheap, but the functionality provided makes up for it, and many will find the application useful. It can be purchased or downloaded for a free trial from the Delicious Monster website.