Re: Should elves be wizards or sorcerers?
As described in D&D? Sorcerers. Tolkien's high elves, which the elves were initially based on in 1e before threats of lawsuits by the Tolkien estate? Wizards. The current favored class is a holdover.
"Courage is the complement of fear. A fearless man cannot be courageous. He is also a fool." -- Robert Heinlein