If you got one, use it, it will do more than you might suspect. Don't be afraid to mis-use the various doohickes.
Personally, I learned on Elements and like it, though now I use PS 9 or whatever the latest full gizmo thing is called. For me at this point not a huge step from Elements to full PS... though there's plenty of unexplored PS stuff I haven't even looked at.
The late model Elements/PS has a really nicely improved healing tool for spotting the scans. Though sometimes the tool is fooled.
For nearly everything else there are about a gazillion alternate methods to get similar results. One extreme I've seen and tried is to make several b&w conversion layers via channel mixer or similar, and then mask/blend these to achieve localized color conversion changes... Just as an example.
I also recommend a freebie - Virtual Photographer
Welcome to optikVerve Labs - Home of virtualPhotographer which being free is a lot of fun.