I'm a little puzzled by the logic behind this offer, but I'll pass it along anyway: for today only (today's the last day, rather), if you buy Adobe Lightroom 4 for $140, Adobe Photoshop Elements 10, or a bundle consisting of Photoshop Elements and Premiere Elements, B&H Photo will, within 48 hours, email you a code good for $400 off of full Photoshop.
Why you would want both Lightroom and Photoshop makes sense, although people sometimes do choose one or the other. But why you'd want Elements and full Photoshop eludes me. Unless the latest version of Elements does something full Photoshop doesn't? That seems unlikely, but I don't know.
Then again, Elements only costs $65, so you still save $335 on full Photoshop.
(Note that the promo code must be used by August 31st.)
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