Seriously, you can get Adobe Photoshop Elements 11 for just $49.
Though there is a slight catch (isn't there always?), the only catch is that you need to be a member of BJ's Wholesale Club.
Between December 6th (2012) through January 1st (2013) you can buy it either in store or online and at checkout you'll receive an instant savings of $30, making your final price $49.
If you would like to learn more about Adobe Photoshop Elements 11, check out this link to the "official" Photoshop Elements product page.
Wondering where the closest BJ's club is to you, use this store locator link, and this link will bring you the the Elements page on BJ's website.
Ho, Ho, Ho.... Merry Christmas!