DracoSuave
First Post
The Forgotten Realms Character Guide also has a feat that adds +1d4 to the reroll of Elven Accuracy [average 2.5 is better than 2] . I see no reason why it would not stack with the +2 PHB feat, either (Elven Precision). So if you wanted to spend the two feats you could have +4.5 average bonus on top of normal to hit bonus on the reroll.
No reason why not at all. Wild Elf Luck gives an unnamed bonus. It's probably -intended- you take both at the same time.