Re:Simple Clarification Needed... (Score 1, Informative)

I haven't actually used Photoshop Elements, but my understanding is that it doesn't support layers, has weak support for text, and comes with a pretty limited set of filters.

Layers are there, with all the layer blending options from PS6, the text support is the same as PS6 (for better or worse...), and it comes with a large variety of filters.

The show-stopper for me was the absence of guides. I often need to take Photoshop files made by other folks and "cut them up" into various components for use in HTML pages and/or Flash components. Without guides, that's a major PITA.

The common idea is that PSElements must be useful for the web, because it lacks things that are critical for print work - CMYK support among others. But, it also lacks features that many web pros consider critical. I'm not certain who, really, would find it useful.