My dilemma...

Photoshop Elements or Photoshop CS2/3?

WHICH ONE would you choose and why!!?

Pro's and Con's for each?

Thanks!

UPDATE: Thanks for all the replies, everyone! I know cs2 & ps7 very well but really just needed to know what everyone thinks of Elements as I need to buy new software for my new Toshiba (old notebook was an iBook)... and noticed that it was only about 15% the price of cs2 but didn't know anything about it.

Many thanks again for all your feedback! :o)