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Adobe Premiere Elements 2
Premiere Elements' arsenal of video and audio effects has been beefed up with this release, and we greatly prefer how the streamlined interface makes it easy to find them. You still won't find the fun filters of other tools, but it has professional blur and color effects that the others can't touch.
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Version 1 wasn't strong with DVD menu options, so we're glad that Elements 2 offers more templates, as well as the option to create full-motion buttons and backgrounds. Doing so is as easy as dragging in the clip you want to use. You can burn your creation to double-layer DVDs with this release, but we were surprised that you can't export to MPEG-4 (including DivX), and you can't import high-definition video, either.