Few questions about Photoshop CS4 Student Edition

I'm thinking of getting a DSLR camera in the summer, so (since I'm a geek) I want to make sure I've got all the software I'll need to edit the photos once I've taken them. The catch is that I graduate from university this year, so if I'm going to buy Photoshop (ie if I'm going to _afford_ Photoshop) I need to do so in the next couple of months to get the educational discount.
I've just got a few questions as to whether I actually need Photoshop CS4 for my situation:
*I already have Lightroom 2 (courtesy of Amazon Vine!) for processing RAW files, doing basic colour adjustment etc. Would I get £150 worth of extra usage from Photoshop CS4 compared to Lightroom?
*What DRM/copy protection does Photoshop CS4 use? Is it the same that's used in Lightroom 2 (hasn't given me any problems) or the Macrovision stuff that installs a background service (called something like 'Adobe LM monitor') on your computer?
*If I need to reactivate over the phone some time in the future (e.g. when I move to a new computer and I've already used the activations) do I still need to be a qualifying student?
Reckoned there wouldn't be a better place to ask these than PS forums :)

>then you just don't know enough about photoshop.
Actually, if you had read the initial post you'd realise that I'm fully aware that Photoshop is hugely powerful. However it doesn't offer enough benefit for my usage (ie retouching of amateur photos) to make it worth the money + computer infection. My above post wasn't an attempt to say that Photoshop is bad, or that Gimp or any of these other freeware programs are even in the same league, I was just stating that my own need for Photoshop's power isn't great enough to make me want to install spyware.
>hmmm how about A PAYING JOB! i think that's what the clincher is for most folks.
True, but (again, as I explained above) I'm not a professional photographer/graphic artist/etc. and therefore there is no 'need it for work' motivation.

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