Procrastinator, you will likely get your wish. Sideshow had a sneak peek of an Elven Warrior design sketch on their calendar last year, so I would guess it is well in development. I was bummed to see yet another newsletter without Sideshow making a maquette or Premium Format announcement, but I can be patient. After all, I just got Arwen today!
I do hope that we see Hobbits next. They are really my favorite characters in the films, and so central to the story that having a display of statues without them is strange. After Hobbits, I am in for whatever Sideshow has to offer, but I really hope that Merry and Pippin are next, as Frodo and Sam are a lock. I would breathe easier knowing that Merry and Pippin will be made for sure.