In Germany MAGIX sells a brandnew editing-programm for Pro's. Costs about 350 EUR or 250 EUR for those who crossgrade from another verion or another editing-software.
I checked their website and found out, that their surface is very near to Premiere Elements. Although the site is in german, maybe you'll like to have a look at it.
http://www.magix.com/de/video-pro-x/detail/
Especially klick the links at the left side in section "Video PRO X".
Hope you are able to understand my horrible english...