Hey,
I work for a company building them a website. I need photoshop for this work.. i have been doing it from home with my

copy. I need photoshop at work.. they have told me they will pay for what i need but i see the price of photoshop CS2 is a whooping £800+ (1600$).
A much cheaper version is available for £59 called photoshop elements. I've never used this so i dont know how good it is. Has anyone else used this? I need to be able to edit images and use some effects. Is this "elements" copy any good? I dont fancy breaking the news about the £800 price to the company. So, is elements adequate for my needs?
Thanks