[Bergil]

but not by taking the ring. in a desperate situation where Sauron had the ring, gondor, Erebor, Lorien, and just about everywhere else had fallen he would either use his full power or encourage eyeryone (not just elves) to cross the sea to Valinor and explain why when he got there, and prepare for Sauron to attack Valinor (Frodo wondered if Sauron might try this. I think he would), but this is all conjuncture.