This is a great deal from B&H Photo to buy Adobe Photo Elements 10 for only $49.95. This is a one day only sale so jump on it if you want to save some cash.
With this drop in price is the obvious signal that the new version is due out very, very soon. I know its hard to buy old software but if you don't care this is a great deal. Elements has become so powerful I think its a great tool for beginning photographers and may be the only tool you need alongisde Adobe Lightroom 4. Version 10 has a lot of power so don't think its old and not worth it. Elements is becoming a powerhouse of a little program.
Be sure to see the deal with this link.