
First off let's remember that today is about thanking all those who have served to protect our country. :)
Cheryl (fearless photography leader of this very group) suggested it would be nice if someone put out some thoughts on photographing fireworks.
Actually *cough* I realized I don't have any photos of fireworks (I know, I'm not even sure how this happened). But I'll use some dusk shots (essentially the same) and cover the same technique.
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The number one consideration when performing a 'long exposure' during low light is to immobilize the camera. You've got to have a means of keeping the camera still. Ideally that means a tripod, the heavier the better (though there is nothing wrong with an inexpensive or light tripod). If you have an SLR you might want to use mirror lock up also (a feature that moves the mirror prior to the shot to reduce vibration).
If you don't have a tripod (or monopod etc.) try leaning against something if possible. This may provide you enough stability to get a usable shot. A tree or wall will work in a pinch - get as much body contact as you can, particularly with your arms. You can also form a sort of 'tripod' using both elbows and your torso against say a car rooftop. Experiment and you'll find what works best for you. :)
(some simple long exposures / dusk shots below)

Secondly, you need to give some consideration to the framing of the shot. Fireworks tend to appear in the sky (I know, you are shocked). This can make them a little tricky to frame. I suggest trying to estimate where they are appearing, then position your camera using the next few bursts to ensure you are getting the light show in your photo. You don't want to go through all this effort only to have them half in the photo!

Finally, you need to consider exposure. For a shot where you 'freeze' the action choose a shorter exposure time. However, don't be afraid to also let the exposure run longer...you can get some very interesting fireworks 'trail' by letting them travel across the image area. The photo of the city just above this block of is an example of letting the exposure run long enough to get light trails from the brake lights of the cars.
Feel free to experiment with the exposure till you get something you like. That's half the fun. Post up what you get and remember to enjoy yourself! :)
Cheers, -B
Seattle-Real-Estate-Photography
Bryce - Thanks for the tips! I'll have to try it and see how they come out.