Seems to me Larian actually got elves and half-elves confused at a point and just went with it. The half-elves are supposedly of elf-human heritage, yet look quite fey - whereas the elves somehow has adopted distinct human ethnic traits. This is exacerbated by the grotesquely masculine looks (apart from the pouting duck face lips) of the elf male models. Bioware uglified their elves for DA, no need to follow their example at all.
I agree about the Elf male models, they have very pronounced jaw line and also the eyes seem to be too high and almost squinty looking. I also notice in the female models that the High Elves and the Drow have are the exact female face models. I know that they are both elves just different subraces, so they should've made different face models. At least to differentiate between High Elves and Drow besides skin color. It doesn't have to be drastic just different models so that the Drow doesn't look like the High Elves evil twin.