Elements 10 will be a big upgrade. 8 was very big and 9 added content aware fill to remove objects from scenes. It doesn't have a great HDR feature though. I think Paingshop Pro X4 has one if you don't want to buy a stand alone HDR program like these.
There are some additional free HDR options as well.
|AT-6 Harvard by jarud|
from Trainer aircraft
|Monarch butterflies winter roost at Pismo Beach by cjf2|
from Safety in Numbers (Nature)