I just love this software - you need to play around with it for a little while to learn its full capabilities, after which the fun really starts. It is really easy to use and you get lovely results. It is particularly good for applying frames and special effects to digital photographs - the colours of which come out much better on my printer with this software than with Paintshop pro.
Much of the stuff I do is photographic and of a sufficiently professional appearance for display in the technology college where I work. I also do fun and easy montages of my children for home display. My 6 year old uses it regularly too, to make greetings cards and can finish and print a project all by herself - There are plenty of greetings card templates and clip art for us to choose from. My PC seldom asks me to insert the CDs because I chose full installation - something I recommend if you have the space and will be using it regularly like me - the only one I have to sometimes put in is disc 5.
My biggest criticism of this software is that, although it purports to be the english edition, it contains a large number of hideous templates for activities that are only relevant to people living in the US. This in my opinion is very sloppy of Microsoft, who should have provided something more relevant to the market it was targeting with this product, or made the templates more adaptable.
Overall this is a very good, easy to use product.