When you choose to download a photo, the progress of the download is shown in the Download Manager.
Once a photo is downloaded, you can drag its thumbnail into any application that supports images. For example, you can drag from Viewfinder's Download Manager directly into an image placeholder in Keynote or Pages.
Viewfinder makes it easy to properly credit photographers when you use photos. If you drag the photo thumbnail from the Download Manager whilst holding down the Option (Alt) key, Viewfinder will copy the Flickr username of the photographer and a link to the photo's page on Flickr.
Again, you can drag this directly into Keynote to create a text box on your slide.