Nah. I still remember the old Rankin Bass Hobbit. I can tell you, Thranduil and the elves were a bit freaky in that, but that's not how I think of elves.
I've been collecting 2e Dragonlance material as of late and I must say that Elmore's monochromatic renditions of elves (Laurana, in particular) tend to look MUCH more elfin than his color art. Why is that?