How to install Adobe Photoshop CS5 upgrade to Lion 10.7 if I have Adobe Photoshop CS2?

I recently upgraded to a new Macboook Pro and with that upgrade am using Lion version 10.7.  On my previous MBP I had Snow Leopard installed.  Also had Adobe Photoshop and Illustrator CS2 installed on that and then later upgraded to CS5 on that machine.  Now with Lion I am unable to do that.  I aware of the technical hurdle.....Lion does not support Rosetta or PowerPC applications and therefore I cannot load CS2 on there initially and then upgrade to CS5.  So does this mean that I am screwed unless I buy a full version of Photoshop and Illustrator CS5 to put on Lion?  Or is there a workaround?
I still have the old MBP so I could migrate all the files from the old computer to the new computer.  Short of that is there any other workaround?  If I gave the serial numbers of CS2 and the CS5 upgrade to a rep at Adobe could they unlock CS5 for me so that I can download it to my new MBP?
On another note does anyone think about backward compatibility anymore?  Has Apple totally lost its mind?  And will Adobe cash in on this opportunity?  Is it too much to ask for a representative from Adobe to get back to you after posting your callback number?  Customer service does not exist.....its is unprofitable to actually "serve" customer because a customer is a tool to be exploited as are all resources in a corporation.
This is American corporatism at its finest.  You have a software monopoly with Adobe on one hand along with a computer manufacture that is not competent enough to produce a backward compatible operating system.  If these companies operated for the consumers benefit they would be out of business. 
There is no way I'm paying for a new version of the Adobe software.  Surely someone can understand my frustration and that this frustration is be being echoed by hundreds of users.  But apparently we are stupid right?  We are stupid because we just want to be able to smoothly transfer stuff that we have paid so much for to a new operating system but cannot.  And thats because on a whim it all changes.

Shaidipur when you install Photoshop CS 5 it will request your qualifying serial number.  Assuming you purchased the proper update simply type in your Photoshop CS2 serial number.
In regards to compatability I believe their is a maximize compatibility option within Photoshop.  For further details I would recommend posting your question into the Photoshop forum.

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