I received Elizabeth as a surprise gift for my birthday in May 2008! Her hair is somewhat silky and seems really thick, although I haven't taken it out of its original pony tail.
Her dress is a bit thin, which is disappointing but something I'll get over. It's not the greatest shade of pink IMO, but it looks okay on her. Mine is staying as Felicity's friend because even though I read the books, I was never set on a brunette Elizabeth (in fact, didn't even remember it until it was brought up here, lol)
She is pictured with Josefina because all the pictures of her by herself are really blurry, for some reason I have yet to discover.