We have our "one-a-days" which also don't give much weight to the race we pick, as we can only use this special ability once a day.
So... how about something like this, and we'll use High Elf as an example:
We get +50 Magicka
We get Highborn once-a-day.
How about one, or more of the following, to give better strengths, worse weaknesses, etc but at the same time doesn't force you to play said race as a particular class. Because currently you can be a High Elf Warrior, your racial traits however are practically meaningless.
+5 Magicka upon level up regardless if you choose to level up Magicka or not
+% Magicka Regen based upon how much Stamina you have, i.e. +1% Magicka Regen per 25 Stamina you have
+25% Damage taken from Shock. Shock drains Magicka, being as High Elves are perhaps more sensitive to Magic (being as they have the Magicka bonus), it would make sense that perhaps something that drains Magicka might physically hurt them more
+10% Duration on spells like Oakflesh
Etc, etc
Discuss.

