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Yes the workflow for text is much more streamlined in elements.

There is a checkbox in elements general preferences. it reads!

"Select Move tool after committing text" (this seems to be missing in CS4 Extended)

Also, Yes you don't have to click 'ok' up the top to commit text. I'll try using "ctrl+ enter'

you merely press 'T' for text, click where you want, 'type text'

then moving the mouse away from the text layer (automatically) activates the 'move tool'

and moving (CLICK+HOLD+DROP) the text 'commits' it.

Then you press 'T' for the next text layer. etc etc.

You don't have to manually commit the text by pressing anything and you don't have to press 'V' for move.

It's amazing how much better, faster, acurate, ra ra ra..