“PSD is not a good format. PSD is not even a bad format. Calling it such would be an insult to other bad formats, such as PCX or JPEG. No, PSD is an abysmal format. Having worked on this code for several weeks now, my hate for PSD has grown to a raging fire that burns with the fierce passion of a million suns.”
XeePhotoshopLoader.m - xee - Google Code
This explains why Photoshop costs so much— they obviously have to pay their developers danger money.
