I posted this in the 1st Creativity Challenge,but I'll add it here in case anyone missed it. And I'm getting tired of seeing the 0's for this part of the board. I'll post another later if I can find another short one as typing fast for me means using 2 fingers.

Select Image->Adjustments->Channel Mixer.(You'll have to click"open all menu items" to find this) You can change the settings to lessen or intensify the effect. Just be sure all your adjustments total 100%.
For Red Channel, choose +130% for Red, -15% for Green, -15% Blue (Total 100%)
For Green Channel, choose -15% for Red, +130% Green, -15% for Blue, (Total 100%)
For Blue Channel, choose -15% for Red, -15% Green, +130% for Blue (Total 100%)

Couldn't be simpler!

Thanks Jeff, going to see if I can get it to work in elements using graffi's channel mixer

Jeff, could you post a picture using your tut, so I can see what it should look like. Please

Suzi,I'm heading for work right now but I'll add a screenshot of the mixer and a Before & After pic when I get home from work tonight. Its pretty bad when you don't have to be to work until 3:00 PM and still manage to run late everyday!

Thanks alot Jeff.

Hope this helps suzi. Its a BIG screenshot showing both the before & after and the channel mixer. Of course the top photo is the after. It could have been a little more muted but... The channel mixer shows the blue channel set at +150 and the red & green each at -25 to total 100. The Green channel is set accordingly Green,+150 and red & blue at -25. Red channel,+150 & green & blue at -25. I'm going to try an action for this this weekend but I don't know if it would be any easier considering you'd have to set the channel mixer anyway. I think you can enter presets into the channel mixer that might be just as handy.

thanks Jeff, I am trying to do this with graffi's channel mixer seeing as how I only have elements 5. First time it came out pinkish. I am hopeing I had the numbers wrong. Will post you a picture if I get it right.

Jeff, trying your tut but have 2 questions..in one place you say +130 and in another it is +150( which is the right number or are they both right). So far on the 130 one all I am seeing is a slight color boost. Is that right.

Actually depending on the photo and/or your personal taste,either of them could be right though the truck is really vivid. The one I did of your pumpkins in the creativity challenge was set at +190-45-45. The idea is just to over saturate the colors and make them a bit more vivid. Maybe try yours at +140-20-20 and if you don't like that keep working up. Heres the link to the Wikipedia page that has a couple examples of Velvia film photos. Theres probably more if you follow the links at the bottom. I like that term,"Crayola Chrome"! I think I'll make an action for this in Photoshop. I'll just set the mixer at +110-5-5 and it can be repeated until you get the effect you're looking for. It should work.
I tried Graffis Channel Mixer and it turned the photo to monochrome and I don't have that checked? I must be doing something wrong.

http://en.wikipedia.org/wiki/Velvia

I tried Graffis Channel Mixer and it turned the photo to monochrome and I don't have that checked? I must be doing something wrong.

http://en.wikipedia.org/wiki/Velvia

For me, Graffis Channel Mixer works. I wonder if you can get a similar result in Elements by using the smartcurve plugin from easy.filter, with the Lab or HSL mode? I'll have to test that.