I lived in PS Elements for years until LR came along.  I have a K20D
and with 1.4.1 it has no trouble with either DNG or PEF; I use the
latter because they're more compact.  I suppose it's a matter of
taste, but the only thing I use Elements for any more is doing damage
repair on crappy old slide scans.

I think Lightroom is a totally wonderful piece of software.  One of
the best things is that it has no "Save" button - all the edits are
non-destructive; when you're finished working you just shut it down.
Also, the crop/level control is a thing of beauty.  Also, performance
is a feature, and LR is really REALLY fast.  -Tim

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