I've had Photoshop Elements for two years and have only recently sat down to try and figure it out. It's not too user-friendly unless you take a class. But once you have the basics you can create beautiful scrapbook pages, as seen in my sister-in-laws albums here.
This is one of my first pages and all I did was put pictures into the pre-made page. But I'm getting better at making my own pages. I just need to find 3 hours of uninterrupted time ... which means I'll probably never get around to it.