Is there any reason I should want to install Photoshop Elements?

Hi,
I have Photoshop CS5 and received Photoshop Elements 9 as part of a bundle with a purchased product. I don't know what Photoshop Elements is or if it is a simpler less powerful version of Photoshop CS5. In any case, I am not sure if I should even bother to install it or if it is going to confuse things up for me...
What do you recommend I do?
Regards,
Juan

Thank you so much Barbara.
I have been giving this a thought for a while.
Do you also find you can do much more?
I would think so, but I don't know what the new features would be in using PS.
If it can do more fantasy etc...I would like it - I have a lot of baby and old pictures to work with and I would like to add like a glamour look - fancy and elegant swirls and cascading stars...
I know this could be done in PSE, but if I can go further in PS, maybe learning it there would be best.
I don't want to start from square one - I was okay playing with PSCS1 I think a long time ago.
I have a friend that uses CS5 and has never used a PSE program - she said it would be too confusing - I don't know that I agree.
Maybe a few good classes could get me going.
I love photography - do pretty well at it - and would like to enhance - do some digital scrapping - I am a clean scrapper - one photo showcased on a page - scrapping just enough to feel the photo's meaing.
What do you think?
thank you for answering

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