Q&A:
"WHY SHOULD I USE THE IMAGE MAKER OVER PHOTOSHOP?"
The Image Maker would be a more affordable option compared to Photoshop, while providing similar high-quality features. I would want this Image Maker to be free, but if they understandably add it as a Pro feature, you would still save up about half of your money per month compared to Photoshop.
"WHAT WOULD HAPPEN TO THE MEME GENERATOR?"
The Meme Generator would remain as a standalone generator for non-professionals looking to make a quick image. The Image Maker would be for professionals looking to have more complex features at their disposal.