ArcView really has three basic functions: A mapping function that is interactive with an underlying database: it is this function that is so important that a GIS does better than any other software. A database manipulation capability.  It is nice to have some capability of this sort within the GIS itself; however, programs such as Excel, that are designed to be superior handlers of spreadsheet information are vastly superior to ArcView's capability in this regard.  Thus, if one needs more than the rudimentary database management capability of ArcView, go outside it to Excel (or some such), do the analysis in the other package and then bring the .dbf file back into ArcView and join it to the map. A graphic design capability.  Again it is nice to have a kind of basic layout package for design within ArcView.  However, that design capability is no match for the design capability of PhotoShop (or other software) that is specifically developed with design or photo issues in mind.  Thus, when cosmetic issues only are involved (and not mapping driven by a database), then consider using a design package that will allow you all sorts of capability.  Remember, though, that once you alter the map in the design package, that it will not go back into ArcView as a map driven by a database.  So, use PhotoShop on images in which you are done with the mapping components.