Let me be straight with you, man.
After reading this, I got a horrible feeling. It's a feeling of hollowness that comes from looking at a piece of writing, knowing full well that its synthesized solely from existing works, and not truthful to the writer in any way.
For god's sake, look a the first paragraph. I'll bet you these ideas came from other bits of fantasy literature, and not your own head. The main problem is that you don't believe in what you're writing. It's all fake, and practically unreadable.
What makes great fiction, esp. sci-fi or fantasy, is the author's ability to maintain their own sense of truth. Lord of the Rings works because Tolkein spent his life researching languages, and the myths and legends of various cultures. He built his own world from the ground up, combining his love of England, with his love of mythos. He created his own history as a result. Tolkein is not a brilliant writer, but he developed his own truth, which makes his work endearing, and remains influential.
Honestly, when you talk about the Elven Clan Guard, isn't this your own spin on another author's ideas, or existing fantasy convention? And that's only the beginning. I could site more examples than could fit here.
I don't want to discourage you from writing, because I see some ability in you. If you're serious about the craft, try thinking out of the box, and developing something more true to who YOU are. Imagine your own family and neighborhood, and imagine how that mirrors something of legend. These correlations do exist. Not to overuse Tolkein, because there are other great fantasy writers, but he took the feelings of religion in his own life, and managed to tell those stories in a new way. Because it meant something to him, and because he believed in it, he made it great.
My suggestion is to put aside the library of fantasy that's swimming in your head, and look at the world around you. Other fantasy books can show you methods of execution, but they can't be the foundation for your own fiction.
Good luck, and don't lose heart. Writing isn't easy, and every draft makes you learn something new. So what if you wrote crap? So what if you blew countless hours on something that doesn't work? You discovered something, and at least had the balls to run with it. With each thing you write, if you believe in it enough, you'll find your truths.
Don't give up!
<P ID="signature">
http://www.lp.org><img src=http://www.lobsterstudios.com/images/lr.jpg border=0
http://www.mozilla.org><img src=http://www.lobsterstudios.com/images/m.png border =0</P>