Depends on the kind of elf / elf-like creature, I guess. I liked both WoW's interpretations and LOTR. (Though, dammit Hollywood, nobody needed that subplot in The Hobbit. Nobody.) I'm fine with the Elezen in FFXIV, though I strongly prefer the Au Ra and Mi'quote races. Hell, even the Hyur, which are basically human, appeal more to me and that's saying something. Human is usually the last race I'd wanna pick in a game.
I guess, if anything, I appreciate elves for their comparison to angels in that they're a race of widely believed to be good folk, but the truth is closer to "people are terrified to speak ill of them and they're actually scary as hell" and demons, considered some of the worst beings spiritually to ever exist, are actually just angels who figured "screw this 'nice' shit, I wanna destroy people and take over heaven." Likewise, dark elves are often preeetty twisted, blood thirsty, and power-obsessed.