Elements is a cool program, but be careful. For some reason (and Adobe should know better) when I installed Elements on my machine it messed up some of my preference settings in other adobe products (ie photoshop prefernces palette).
Reinstalling the affected programs seemed to fix the error, but what a pain in the a**. . .
Other then that, it is a great tool with very simplified menus (I like playing with the "liquid gallery" (I think that's what is was called. . .: