A new interface and a number of new features bring Adobe Premiere Elements 4 to near parity with the best of the best in the consumer video-editing crowd. There are two major deficits, however, that prevent it from repeating as Editors' Choice. First, it's one of the few consumer editors that can't capture and edit AVCHD, the high-definition video format that's grabbing increasing market share in the consumer HD space. Second, unlike such programs as Pinnacle Studio Ultimate 11 and Ulead VideoStudio 11 Plus, Premiere Elements can't produce Blu-ray or HD DVD playable discs on DVD±R media. Though Toshiba has withdrawn HD DVD , this is still an issue if you're one of the estimated 1 million users to buy an HD DVD Player. Premiere Elements can record Blu-ray discs only to a Blu-ray recorder, which few consumers have.