A cool thing about CD is that you can import psd files and maintain the transparent backgrounds (PageMaker doesn't even allow that!)...
Well, of course PageMaker doesn't allow it; PageMaker is an end-of-life program that's been discontinued.
Illustrator allows placing a transparent .PSD file; so does InDesign.
The thing that sucks about Corel's handling of transparent Photoshop files is that any spot color object that touches the Photoshop image gets converted to process, and any vector object that touches the Photoshop image gets rasterized. It looks great on your screen, so you can go "Ooh! Aah! How pretty!" and print it to your desktop inkjet printer, but those "Ooh! Aah!" transparency effects that look so snazzy on your screen don't work well on press. Illusrator, of course, doesn't have these problems, as Illustrator was designed and built for getting things to press.
and the type
manipulation is endless.
You say that like it's a good thing. Personally, I blame Corel for the fact that quality typography is about as common these days as a snowman in the Phillipines; CorelDRAW, with its easy "mash, distort, and otherwise mangle type" functions has done for typesetting what Jonestown did for Kool-Aid. Nobody these days even knows what good typesetting looks like any more.
Illustrator and InDesign both offer typesetting capabilities so vastly superior to Corel's that it's rather like comparing a meal at Wolfgang Puck's restaurant to a meal at Taco Bell. Show a person off the street a headline set in Corel and the same headline set in Illustrator, he'll probably prefer the one set in Illustrator, even if he can't explain why. (It's all about the letterspacing, baby!)
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