When I read blog post about Adobe launching free and online version of their flagman product, Photoshop, I was just able to say "wow". Everyone says now that future of software is online versions that do not need to be installed on PC. There are several interesting examples of such model already, for example Google Docs.
I was intrigued very much and took a look immediately. What they have created is very attractive and user friendly application, but that is not Photoshop. That is just another web album, where you can keep your photos and share with others. Image editing facilities that are available in current version do not stand any comparison with those available in offline version. Yes, that app is attractive and user friendly. Yes, there are image editing facilities. But, no, that app is not Photoshop.
Here is toolbox of Photoshop Express: