Hi there! I use PSE 2.0 and love it. I plan on upgrading to 4.0 sometime soon, but so far 2.0 has been good to me.

As far as you first problem about the text pull down, try this. Pull down the "Windows" drop down menu from the toolbar at the top of your screen. Make sure the "Options" is checked. If it is not select it and a check should appear to the left of the word "Options". This should fix it.

I'm not sure about your second issue. Hopefully, one of the PSE gurus around here will have some help.