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The is not a review, but my observation of Adobe Premiere Elements.
Right off the bat, I discovered that this application is directed SOLEY at DV camcorder capturing, editing and authoring for the video novice. It allows only ONE resolution: 720x480 NTSC and the corresponding PAL resolution. So, if you got a bunch of 352x480 MPEG2 files you want to cleanup into a "production' (which I do), you're forced to save at 720x480 . This alone has killed my enthusiasm for this app. Also, it is still quite buggy. It says it can import a MPEG2 directly, though their support website says don't do this (which is actually good advice, convert MPEGs first to AVIs for editing). This is NOT a general purpose movie editing app. My 2 year old copy of winproducer 2 has far more import and export capabilties that his lame piece o'crap. DO NOT BUY this unless you know nothing about converting your DV camcorder footage to DVD. Even then, wait for some patches to be released.
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