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Why not create a playlist called "bookmarked"?

This is exactly what I did. Then it's as easy as dragging the song and/or album straight to it. That's it.

Just star a song from the album. When you view your starred songs you can just click the album name in the Album column and you'll be taken to the full album that the song is from.

I really like the fact that it's easy to go from a single song to an album. I have a lot of songs I bought in my library, and with Spotify its easy to now play these songs in the context of their full album.

I just have one large play list where I add albums that I find and currently listens to. If you sort it by "Added" you can always go back (scroll) and see a time line of albums that you've enjoyed.