I love dwarves and elves, I seek out rpgs that uses them. Thoguh I do not mind seeing them in new shapes but it kinda depends on how they do them. For example, the elves and dwarves of Dragon Age I was solid, though I do love my elves in a less enslaved matter. Dragon Age II failed brutally when it comes to the elves.
What has always drawn me to elves are the combination of intelligence, magic, knowledge, stoicism, dexterity and agility over brutish strength. Best example of this is the High elves of Warhammer.