I am using the trial version, so not sure if this impacts. My videos (avi) look fine in Quick Time etc, but in Premiere Elements, in old fashioned tv terms, it looks as if the horizontal hold is off a touch (see below). I'm not sure if I want to invest in the full version if this issue will still exist. Any ideas what I can do to resolve this?
The only limitation of the trial is the watermark banner. Otherwise, all is the same (for 30-days).
Now, please tell us about those AVI files. This ARTICLE will give you some background. Then, let us know about your Project Preset.
PS - this appears to be a mis-match between your source footage and your Project Preset, hence the questions above.
I suspect your footage rather than PRE. I've examined your image in PSE and the Adobe watermark is dead straight (0.0 horizontal angle). I suspect that QT player is probably cropping your video to safe margins during playback.
Insanity is hereditary, you get it from your children