Can you delete the Photo Library album on iPhone 5?

I recently bought an iPhone 5 and I wanted to have the pictures from my 4S imported onto it. So I imported them and now my Photos app looks something like this

Camera Roll (44)
Photo Library (578)
4S Photos (578)

Is there any method of getting rid of the Photo Library album so I don't have 2 albums with the exact same photos? If not, is there any other ways of getting my photos from my 4S onto my 5 without combining them in the Camera Roll?

You can't delete the photo app if that is what you are asking.

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No. The Photo Library is the master album. The other albums contain basically aliases of the photos. So its not like having 2 of them taking up unnecessary space.