I am a new 5050 and PT015 owner myself. I purchased Photoshop Elements from Amazon for about $100. Then, when I found out I could get it free from Comp USA with the purchase of a Epson Stylus 12809 color printer, I canceled my Amazon order and just bought the printer package. Whether you get it bundled with a printer or not, I cannot imagine you would be anything but excited to work with Elements. It is not exactly a scaled down version of the Photoshop, but really a different version geared more specifically for d