UPDATE: OUT OF STOCK – Looks like Amazon’s stock has sold out.  The page now features third-party vendors selling through Amazon. Congrats to those who got the deal before it sold out.

Amazon is offering Adobe Photoshop Elements 9 for $39.99 for one day only.

They’re taking $40 off the $99.99 price and then you get another $20 mail-in rebate.  Details here on Amazon.com.