I have been using Elements (v4) for a few years & have many files "organized" with it. I also have CS4 (so purchase cost does not enter into the equation.....). I know that you can use Photoshop through Elements. Is there any advantage to using Bridge versus Elements, as your Organizer?
Well, since Bridge comes with CS4, why not just try it out and see how you like it? I haven't used Bridge at all since I got Lightroom, but as I recall, it did have some nice things about it that were better than Elements had to offer.