World Wide Web Consortium (W3C) two-dimensional vector graphic format that was created as a default format to display vector graphics on the Web. Images in this format are described using a text format based on. SVG is an open format created under the W3C, with Adobe playing a major role. Adobe Creative Suite applications (for example Illustrator and GoLive) can generate and export SVG files.
Yeah, SVG Kit for Adobe Creative Suite just for Photoshop/Elements is $100! Adobe CS5 still won't open these files. The best option for now is downloading.

SVG is not basically compatible with Adobe Photoshop, Photoshop Elements and InDesign, but these files may be opened using the SVG Kit for Adobe CS plug-in created by Scand.
How To Open SVG In Photoshop CS6 - Easiest Method Phil Bailey. Photoshop Tutorial. DIY Canvas with The CRICUT and HOW TO CREATE SVG Layered Images in Adobe Illustrator - Duration. Provides complete support of SVG format for Adobe CreativeSuite, including InDesign, InCopy, InDesign Server and Photoshop, both Windows and Mac, both 32 and 64bit. To SVG your documents, and export SVG to Adobe Dreamweaver and ePub documents.
CS6 DESIGN STANDARD /Mac/Photoshop Illustrator InDesign Acrobat Full Version - EUR 141,10. Adobe Design Standard CS6 for MacIncludes Genuine Download from Adobe and Activation Licence. Graphic design program for mac. For English Language version only No subscription, no monthly payments. The software can edit both RAW and JPEG format images and is comparable to Adobe Photoshop Lightroom. Styles You can create and apply pre-determined image transformations, called 'styles', to an entire batch of images in a single operation.