There's always room for high-end processing software - avids instead of iMovie, photoshop instead of iPhoto or Aperature.
However, the incumbents always miss the boat when the market changes. You used to have to have PShop to do ANYTHING. Now you only need it to do the most sophisticated things.
But, snipshots, be aware: batch processing photos is where the market is!
I tend to batch but have yet to write the code to do it, resize to 600x800, some rotation, rename. I could see the merit for an api I could program via controls or macro. Simply point, select, process, upload. But where is the real value for the user?
I'm thinking of predecessors to flickr who saw image storage sites as ways to make money off printing.
However, the incumbents always miss the boat when the market changes. You used to have to have PShop to do ANYTHING. Now you only need it to do the most sophisticated things.
But, snipshots, be aware: batch processing photos is where the market is!