geoff

My pleasure!

Nope. There's nothing to change in settings. It just works in Photoshop, Illustrator, etc. to hold space and *then* command.

I realize this is a very late response and the OP has probably adapted to the solution that was suggested. Perhaps it can benefit someone else. What I've always done in Adobe apps to get around this is to use SPACE+CMD for the zoom tool, not CMD+SPACE. It doesn't trigger Alfred and still activates the zoom tool. Ditto for SPACE+OPT+CMD to zoom out.