I purchased a new laptop - and a new printer - and upgraded from Photoshop Elements 3 to Photoshop Elements 7. Well, it's back to Square One, on the Learning Curve, in regard to all three purchases.
I just tried to edit a watercolor painting, which I did today, in Photoshop Elements 7. And I wasn't able to change the font color.So, I booted up Elements 3 and I easily changed the color of the font. The joys of new technology!