So, first I'll make sure it's clear that I'm just an amateur photographer. I could probably get by with something like Elements if I really needed to. That being said, I've enjoyed learning to use the photoshop CS3 (actually web suite cs3 with PS extended) that I bought 3 years ago on education discount. I didn't really start learning it until last year with the help of a Kelby book and actually learned about layers and stuff. Now, I'm about a week away from finishing the school program I've been in and so education discounts are going to go bye bye. Right now I can get the CS5 version for $180.
The thing is, I'm not sure that I really necessarily need all the new stuff in CS5 or that CS4 had. I keep hearing about lightroom and how it's kind of like Bridge but with some editing built in. I'm wondering if instead I should look at Lightroom to get newer features like the new camera raw, etc. The reason I'm thinking about this is that within the next week dropping $180 on photoshop for a few extra features is a bit rough, but full retail on lightroom in a few months would be just fine.
What kinds of things would I be missing in lightroom that PS would have? I was interested in the 64 bit support for CS5 but I'm also not exactly editing very large files beyond basic .raw files with a few adjustment layers and haven't noticed any speed issues at all on my current system (Intel i7 with 8GB of RAM on Win7 64bit). I'm almost thinking lightroom is a better choice for me and then if I need a PS feature it's not like I'm going to throw out my copy of CS3. Or is there some other photo software out there I should be looking at?