I am a little familiar with the Elite 37 but really know the smaller Elites much better. I am not impressed with thier build quality or their sailing ability. I was especially disappointed with thier deck layout and hardware.
I don''t know if this applies to Elites larger boats but I found the smaller Elite tender, hard to balance out and really not very good in either lighter breezes or in stiffer winds. I think that one reason that light weight boats have such a poor reputation amoungst cruisers is that light weight boats are much harder to design so that they sail really well. In my opinion a boat like the smaller Elites that I have sailed are examples of what happens when you design a light weight boat and don''t quite get it right.
Perhaps there is someone here with more experience on the bigger Elites that might have more useful info for you.