On Orodruin, the light of the phial of Galadriel went out after Gollum went over the edge. Would this not point to the power being lost immediately. Sauron's power was lost instantly, and the Elven rings were dependent on the One's existence as much as Sauron and the Nazgul were. The work of the One, such as Barad Dur were destroyed when the power of the One was lost, therefore, the power of the phial was lost when the power of the Nenya was lost.
I think to think otherwise is merely being romantic.
[ October 04, 2003: Message edited by: Halbarad ]
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-Halbarad to Aragorn, 'The Passing of the Grey Company' Book V, Return of the King."A little people, but of great worth are the Shire-folk. Little do they know of our long labour for the safekeeping of their borders, and yet I grudge it not"
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