I thought I'd jump in as well, to agree that the Standard Edition is *much* more full-featured than the Starter Edition - and also mention that over the years I have seen more than a few advertisers who found the Standard Edition to be a bit overwhelming at first. My advice would be to think about graduating, while expecting in advance that it will take some time until you really feel comfortable with the many many new options available to you. This is the learning curve as mentioned by netmeg, and I quite agree with her that it is worth it.
Please see the page linked-to below, for a brief outline of how the two types of accounts compare:
How do the Starter Edition and Standard Edition compare?
[adwords.google.com...]
And here is a good page on navigating within a Standard Edition account:
Account Navigation
[adwords.google.com...]
I hope you are pleased with the Standard Edition and what it will offer you, should you decide to give it a try.
AWA