I think we have PhotoShop 5 or 6 (not sure since only my wife uses it...or she used to) and my wife bought it when she was taking classes at a local college. I think she paid around $200 for it.
We also have an early version of Paint Shop Pro from a few years ago, but again only my wife used it.
Been thinking about getting Adobe Elements 3.0 but may just get the lastest version of Paint Shop Pro instead...if I ever get around to it.
Right now I just use Adobe PhotoDeluxe 2.0...haha...it's nice and simple and easy to use.
Cricket