Adobe has just announced the release of Photoshop Elements 7.0. It has a few new cool features such as Photomerge (allows you to combine elements from different images together) and teeth brightener. The biggest additions seem to be linked with how the program works with Photoshop.com to backup or share your photographs. This release wont effect the information on the Photoshop DVD, because that DVD is focused on teaching the core basics of photoshop, which probably wont change anytime soon.
For more information check out Adobes Link:
PS Elements 7.0