Photoshop Elements 12 - can't get pass the install Shared Technologies

I've spent hours trying to install Photoshop Elements 12 on my Windows 8.1 64 bit computer. The install process chugs along merrily and then chokes with an unspecified error whilst installing the shared technologies and then rolls back the installation.
The installer leaves a load of files in the Photoshope Elements 12 directory; the installer then fails to uninstall the program throwing up an error about an empty path which requires registry editing to get around.
I've tried a wide variety of "fixes" (this seems a common problem) including deleting the OOBE directory, installing for the harddrive, turning of the virus checker/firewall, installing from tthe command line and even downloading the whole package from the Adobe website (I've bought it on CD) and all have failed and the "shared technologies" installation seems to be the problem.
I'm a very experience computer user but I've just about reached the point of packaging everything up and sending it back; I'm not very confident about the quality of the software when I can't even get past the installer.
Is there a way of installing Photoshop Elements 12 on a Windows 8.1 computer or perhaps a way of downloading and installing the shared technologies seperately?

it sounds like you may have already gone through some of the options here,
http://helpx.adobe.com/photoshop-elements/kb/troubleshoot-installation-photoshop-elements- premiere.html#main_Error__Below_mentioned_applications_have_failed_to_install__Shared_tech nologies_
but this is the most complete troubleshooting guide for that issue.  go through all the options or contact adobe support, http://helpx.adobe.com/contact.html?product=flash&topic=using-my-product-or-service

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