Granted, PhotoDirector 4 is out (and you can update through PD 3 for $40). This deal is worth $149 (US) deal, good through February 1st 11:59 pm. For this excellent software you pay exactly zero.
You do have to be a member of C|net, but that’s free.
I installed it and used it and it really does have a lot of features Photoshop has...
You can read about the deal here: http://download.cnet.com/8301-32471_4-57566732-10391713/exclusive-free-giveaway-of-cyberlink-photodirector-3/
I did it although I generally use Photoshop (Lightroom 4 would be great) to fix up photos, but here, you can use Curves, Levels, and a whole bunch of other tools and it a 4/5 rated Photo editor. I don't see much wrong with it, to be honest.
So, if you don’t have Photoshop/Lightroom, this is a pretty darned good deal.
Just remember, if you don’t want updates/notifications, there’s a box to uncheck.