Not really. Elves could keep up their great power. It was that they couldn't do it with Elrond and Galadriel. They both faded. But, others could forge more Rings, thus elves could regain their glourios power. Many may say that it is not possible. Though, if they made them once, they can make them again. Now they would be more powerful, and carful at the same time.
Still, another Dark Lord could do it again. Much more powerful though. What do you think, if this happened at all, would happen?
~Burzdol~
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"Kill them all for all I care. You just keep that bow away from me!"
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