Erik I also want to comment on shooting Raw and your image data.I can not really comment on the software you are using as I have never used Elements but if it's dated you may want to step up to some newer PP software as it may handle your Raw data and images better.If you are not shooting Raw you should and I will explain why.
Shooting Raw is the digital equivalent of a film negative.Shooting Jpeg's severely limits you from adjusting the final image,like adjusting from a print(not much room to work as compared to a negative) and adjusting Jpeg's too much and you can introduce artifacts that will lessen the quality.Your K20D can shoot Raw in PEF(Pentax Raw) or DNG(Digital Negative,Adobe) format and can be converted by most PP software and allow you much more latitude in your adjustments and once done can be converted to Jpegs easily and resized for the web and such later.I use sRGB colorspace but when shooting Raw even that can be converted to the Adobe RGB colorspace at any time if needed with out loss(I think I am correct here) or even tiff's if you want to move to Photoshop later,but tiff's are larger file sizes,bigger than Raw file sizes.Shooting Raw just makes sense.I was a hardcore Jpeg shooter but once I started shooting Raw,my images improved and well I have not looked back and I encourage you to try it.At first it was a little intimidating and not worth the effort but believe me it is.This is your future and You can thank us later!
I might embarrass myself as I suspect some here may think my work flow is a little weird but I am always looking to improve(one reason why I am here,LOL).At present(I use Win 7,quad core PC) and I move my images to a folder in My Pictures.I use Picasa(free PP software)as a general viewer/organizer and can read my Raw files so I can do a quick review and cull the bad shots.I have also found Picasa easy for my wife to deal with her images and reviewing mine as it is so simple,it is free and you may want to take a look being it may help you convert to Raw shooting.For my real work I use Lightroom 2(now 2.6) and I got this cheap from Craigslist for 40 bucks(lucky me) from a student who had lost intrest with photography.I like LR as it has much more adjustments and uses Adobe Camera Raw(ACR)converter which is common to Photoshop CS3 as well but I hardly ever use PS as I become frustrated there and do like to keep it simple as possible,maybe one day I will get the hang of it.There is also another free PP software that gets good reviews you may want to look at and that is raw therapee,here is a link...
http://www.rawtherapee.com/
either way Raw is the way to better images as you have total control over adjustments made and much better than trying to adjust an already "cooked" Jpeg,the extra percieved hassle is worth the time and once you do you won't look back!Also note all these PP softwares will read your embedded metadata,also known as EXIF.There are a few free EXIF readers and I use Photome,heres a link...
http://www.photome.de/
I hope I have helped and not confused you much,If you have any questions just ask and I hope others here correct me if I have advised or given bad or incorrect info to you here.....
Larry