I see, Faramir was released in June/July 2020 so about a year and a half which I believe is still very recent. Yet there are many other figures I named that are older releases (2016 etc.) with way more outdated head sculpt than Faramir except for the Gimli (but he could use chainmail upgrade)
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However, this thread is about Elrond so I guess we should not really change the topic to the other characters. I agree that Elrond head sculpt is fairly decent and does not need an immediate upgrade but I was talking about another outfit, not a new head sculpt.
Cheers