What part specifically do you think is Photoshopped? If you mean that photoshop has been used to thin down the waist, then i'd agree. It's not a great clean up job, all things considered, but you'd have to be looking for it to notice it.
i disagree it was the first thing i noticed. Being a woman, i know this is nearly Impossible without photo shop or surgery. Her ribs, waist, hips and pelvic area are all very wrong. i have no problem with photo shopping, unless you feel the need to use it to lie.