Yeah Photoshop should be ok.
I dont know if CS2 has got Photomerge, but I use CS3 because the photomerge takes out alot of the headache when it come to stitching the images together (especially when the image is across two pages)
Here's a complete scan of M**F**r vol 34/08 I've done using my methods.
http://rapidshare.com/files/134822966/MF3408.rar.html
Let me know what you think of them
regards
SJM