You have a good point that elves can be corrupted, that's one thing that's interetsing about them. but most of their actions and motions are, shall I say, 'better then human'. I like races with lots of weaknesses to fight. Dwarfs interest me because of their greed, stubbornness etc, Humans because of their weakness to lust, power, etc, and hobbits... well, they're just adorable
I think its debatable wether the film-lovers and cute-actors lovers are lord of the rings fans, they do call theirself lotr-fans. They seach the internet for pictures and snapshots of the films, collect the posters and objects from the movie, and so on, ut they have no connection with the book. Its hard to say if they are fans of the Lord of the rings since the book and the movie have the same title.