Photoshop Elements 5 and Memory Issues - Photoshop Elements Is Stupid

Sometimes I love Photoshop Elements. Sometimes it annoys me (like when it decides it wants to undo with Ctrl-z, and then changes its mind and wants to use another key combination). Sometimes it destroys my work. Tonight is such a night.
I am working on a logo design. I try to save the file and I get a "Could not complete your request because there is not enough memory (RAM)." error. Okay, well, I have a total of two gigs of memory, and about 1.2 gigs of that are free. I REALLY don't think that is the problem. The image only had three layers, one with a text block on them each. Save As... got me the same error. My work was lost. Nothing I could do to save it. Switching to Expression Design for the evening. Maybe I can get something done.
Frankly, I was a little more impressed with the quality of Photoshop Elements 2 than I am of 5.
TheAnonymousCommenter
The Gimp. Try it. It'll solve your problems. It'll do what Photoshop does. Not PS Elements, PS. It's free.
Eric
Hmmmm...downloaded it. Installed it. Got this error five or six times during the install process:
"Exception Processing Message c0000013 Parameters 75b6bf9c 4 75b6bf9c 75b6bf9c"
Not feeling really pleased with this one either :)