agreed. But for the "starving college student" or someone just looking to get into a given field, their products can be cost prohibitive. I have used Sonic/Sony Vegas Video, and Pinnacle Studio in my own production endevors due to the cost involved with Premiere. I have noticed that the more feature Rich Vegas video becomes, the higher they jack the price up. As long as I keep teaching the class on Premiere, and it keeps getting me free software, I'm not one much to complain.
That's because they're professional-level products. Adobe does have a deep educational discount though. BTW, if you think Premiere's expensive ($700), check out Final Cut Pro ($1,000) or Avid ($1,700).