Applelinks has a first look at Photoshop Elements 4 For OS X. The review promises a full review later on, but for now the he rejoices over the printed manual and several of the top new features in version 4. He gives examples of the improved skin tone features, one-click red eye removal, and the "Quick Fix" automatic correction for common flaws. He also shows us a novel use of the "cookie cutter," a tool that can crop your photos into one of several shapes for scrapbooking or other uses.
