Well sort of… Paint.net (http://getpaint.net) the free open souce paint software rivals Photoshop on basic levels right out of the box. It lacks some of the functionality, but many plug-ins are available. What is the major problem is not being able to open and save PSD fi… wait!

http://frankblumenberg.de/doku/doku.php?id=paintnet:psdplugin

SOLUTION!