Digital BW, The Print

I've found a little more information about PSE 5.0. Sue Chastain of 
About.com has put together a walkthrough with info. about color 
curves, black & white conversion, sharpening, etc. 

Start: 
http://graphicssoft.about.com/od/pselements/ig/PSE5new/index.htm?nl=1

Color curves: 
http://graphicssoft.about.com/od/pselements/ig/PSE5new/Curves-
Adjustment.htm
"More experienced users can expand the advanced options for full 
control over highlights, brightness, contrast, and shadows. You can 
see how changes affect the color curve in the diagram on the right. 
Unfortunately, the color curves function was not implemented as an 
adjustment layer." 

Black & white conversion: 
http://z.about.com/d/graphicssoft/1/0/z/m/4/pse5-04.jpg
"Now instead of being limited to a simple desaturated conversion to 
black and white, users can choose from several styles of black and 
white that are based on color channels from the original images. 
After choosing a style, the B&W effect can be further refined by 
clicking on the variation samples. It's really very simple and gives 
much nicer results than the desaturate command."

Sharpening: 
http://graphicssoft.about.com/od/pselements/ig/PSE5new/Adjust-
Sharpness.htm
"The Adjust Sharpness tool is based on the "Smart Sharpen" command 
which was introduced in Photoshop CS2. I have been loving this new 
sharpening tool in Photoshop CS2 and I am thrilled to see that Adobe 
has migrated a simpler version of it to Elements. Not only is it 
easier to use and understand, but the sharpening results are much 
better and there is less tendency to get "the halo effect" from 
oversharpening."

It would be great to read some more comments from you guys on how 
this version of
PSE may be suitable for black & white printing as a substitute for 
PS. Thanks.

Michael