It's not bad for PSP but once you get Photoshop you'll be glad you've got it. But why Photoshop 5? I've never even used it, I've used 6 though and it wasn't that bad, pretty old though.
Once again background is really plain, pics are poorly cut/blended, text is boring and logos could be blended better.. but i think what you should do is just get the 30 day trial of photoshop cs2 off the adobe site and then do it overnight because it will prolly take a while.. and then go to bed and in the morning come back to it and when its done pm me your email address and ill send you the keygen to get it for free..
Not bad for PSP. The bg is a bit plain but the rest is ok. Good to see you got photoshop even though its version 5. Keep at it and you'll start to improve because Photoshop is heaps better.