Secondly, the PoL, does not, to me, seem to be very human-o-centric. All the races live together, and are seen on a daily basis, by default. It's not like Tolkien, were seeing a member of a non-human race is something of an occasion, and as the setting-design book says, the philosophy in 4E has been "Why use a human when a non-human could be used instead?". Time will tell how deep that goes. I have to admit, it seemed like 3.5E was going pretty much the same way, at the end, but that's beside the point. I'm not saying it's bad. I'm saying there's a whole lot of people out there who like fantasy, but not this kind of fantasy (imho).
Doug - Absolutely, but that's just one fallen empire among many, albeit the most recent one. Every town and city is full of the player races, in varying numbers. Eladrin, supposedly magical beings who exist partially in another realm have y'know, houses and stuff. I don't not dig it, it's just it doesn't seem like it's got much appeal to what I would guess was perhaps the majority of "fantasy enjoyers" (I mean, WoW seems awesomely popular, but it only has 2.5 million players in the US - The success of fantasy movies and books seem to suggest the total audience is a lot larger than that).
I just need to make it clear, by the way, that this is not about what I like, or what you like, it's about the market, or specifically, a potential market that doesn't ever, to me, seem to have had much attention focused on it.