I voted Gil Galad (DT you knew I would haha!). I already have the Elrond figurine which is beautiful, but the Elrond bust looks creepy. I would prefer the Gil Galad whole figure as I dont really like busts(?). If only they would make it (drools).
I'm the newest member of the poopy heads. I don't like to assosiate the LOTR trilogy too much with the movies. The swords are great, because they reflect the weaponry of the age, the styling of the different races, etc. without putting an actor's face on them. I can appreciate them for being prop replicas from a fantastic movie franchise, yet at the same time, appreciate them because they are fom a great story.
If I had the busts, I'd likely just see the actor's face. Case in point: Elrond. All I can think is..."The Matrix has you, Frodo."