The Adobe Photoshop Elements 3.0.1 updates several issues discovered after Photoshop Elements 3.0 was released, including

’…’‚‚» It is easier to download new creation templates for PhotoBooks, Calendars, and other creations
’…’‚‚» Users can now change the format of dates in the Photo Well from U.S. to European.

Note: This update is for Photoshop Elements 3.0 for Windows only. The Mac version does not require an update.

Adobe Download Page