I was going to say that most of my edits are 'limited' and therefore Lightroom suffices for well over 95% of my stuff, but when I though about it, the edits in Lightroom are far from basic, so didn't want to give the wrong impression!
Most of the time my edits are crops, straightens, exposure and levels, minor spot / blemish correction, clarity, saturation, boost whites and blacks, perhaps add a graduated filter to bring back the sky, occasionally boost a range of colours (grasses, sky etc), Lens correction. Sometimes to all the image, sometimes to local areas only and so on.
Lightroom caters for all of these and more, with the added bonus that it (for me at least), does a good job of managing and cataloging images.
I use Photoshop (CS5, but latterly Elements 12 'cos it's quicker on my 2009 iMac) only when I need to work with layers (typically for major image tidy up, re-composition) - I find the healing brush tool in Lightroom slows down a lot when you have a lots of corrections on a single image (50+), but even under these circumstances, I will only do the layer work in Elements - I still use Lightroom for the 'mundane' elements.