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Does anyone have the Tome of Darkness for the Elves? Now, let me share my opinion. When it comes to artifacts, you can only really hope for them with the Elves and the Mages (and it's clear why). The strategy you plan before the game shouldn't be based on the idea that "Oh, it would be great if I got the Tome of Darkness." And what if you don't get it? So, you shouldn't rely on artifacts for the Elves; if you get it, great, if not, who cares. The Elves are more flexible in this regard because they can rely on artifacts and still have a decent chance. What to do with the Orcs is still unclear to me. And even more so with the Elves: you can't max out their resistance – they have an overwhelming resistance; they couldn't care less about our mega-resistance. Plus, the troops would then be weak. Arch-enemies? ... As long as I've been playing, Elves and Dwarves are the rarest neutral creatures. A super ability? ... They won't even get to use it. At least not in the Anniversary Edition. So, as sad as it is to admit, the Elves are not in the best position right now. But the harder the difficulties, the more interesting it is to overcome them, right?
P.S. My opinion about overpowered heroes. (I play more in duels, so I'll keep an eye on overpowered heroes on the duel server). In 1.3-1.4, Erin was crushing everyone; you just had to think a little. In 1.5, as one Austrian put it, "...Inferno bitch with 8 archdevils...." and she also had 80 churchills, 60 demonesses, and a bunch of other stuff, plus a ballista – you didn't have to think much anymore; you could make 10 mistakes and still win (she did have Ravenna as a counter, but it was impossible to win against the masters).
In 2.1, Helmar was summoned from the caves of Bjorngeird and he was destroying Dalek with one right-hand attack, and that was it. Now, the situation has more or less improved, but there is still an imbalance – why play as Razaz when you have Karl? Why play as Dirael when you have Ossir? What am I getting at? That there will always be one or two overpowered heroes! And there will be an overpowered race because new customers are needed! And how do you attract them most easily? That's right – by giving them what they want, namely easy victories. This is true for Hv and League, where there are masters who don't need easy victories, but the average player (at least all my friends) plays as Hafiz, Leto, Kaspar, Krag, Haggeh...
Besides, can you remember even one game with perfect balance? I can only remember Starcraft. But first, how old is it? And second, how many races are there? THREE! And we demand perfect balance from 8 races...
Well, I've gone off-topic. If I wrote something wrong, lower my rating; I won't be offended because this is my personal subjective opinion, and it doesn't have to match the general opinion.
But this is my opinion...