It's not uncommon to read questions like:
* "What's better? Photoshop or Elements?"
* "What does Elements not have that Photoshop does?"
Here are links to a couple sites with information that should help fill in the blanks.
This article by Richard Lynch is exceptional:
*
http://www.graphic-design.com/Photos..._elements.html
Thread at Adobe.com:
*
http://www.adobeforums.com/cgi-bin/w...rU.5@.3bb64bde
(.pdf) - Focus on Camera Raw:
*
http://avondale.typepad.com/pixelupd...CRs_PSEvCS.pdf
(.pdf) - Side by side feature/function comparison
*
http://www.photoshopelementsuser.com...p_compared.pdf