I have a copy of Photoshop Elements 8

I forgot to mention, I have the Full Version, not a copy and it is REGISTERED with Adobe properly.

This forum is for Photoshop.com, the online sharing, editing and storage service, and not Photoshop Elements.  ButI think I can answer your question with this help page:
http://kb2.adobe.com/cps/515/cpsid_51584.html
Adobe licensing supports installation on two machines. The Adobe product license agreement allows the primary user to install the product on a primary computer and also on a home or laptop computer for his or her use, provided that the two copies are not used simultaneously.
There is more related info on that page.

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