Your right there Streetshooter.
I think Lightroom (once you spend a year learning it) is one of the few true value packages from Adobe.
Elements is also now very much up there as doing most things that a photographer could want, but for me its missing actions! and when processing a lot of images, time is money.
Adoble will never put actions in Elements or LR as they would then loose a massive % of their CS market.