It comes down to looks and racial bonuses, really.
I still like Bretons since you can't ever go wrong with 25% magic resistance.
I agree 100%. When playing around checking the game out for the first time, my first character was a Breton for that very reason. Breton is my first choice, but I thought I would force myself to pick a different race for this one since I will mostly likely pick Breton most of the time.
When it comes to looks, that Dark Elf just doesn't look right with the eye placement.