Photo editing software?
Isn't Photoshop a subscription service now with CS6 as the last stand alone?
Versions of PS Elements also had some video editing included I believe.
Corel PaintShop Pro is another good one.
On the cheap there's the get ya' by like Serif PhotoPlus. It's definitely not PS Elements but it just might surprise you for 20 bucks.
Some free to download stuff out there too. Make sure you read the fine print and reviews.
downloadcnet
filehippo
majorgeeks