Several years back (between 2000 and 2002 I think) my mom bought this ridiculous promotional sculpture at the Londonderry, NH Goodwill store. We've found many exciting collectibles there dirt cheap (Chilly the polar bear FTW!) but when she brought the elf back, I had no idea what to do with it. We've been storing him in a ridiculous half-glued unable-to-stand state for years, but with DGXPO coming up, I saw an opportunity to finish the guy off. It also helps that the Belaire Toy/Brick/whatever-they-call-themselves-this-week Museum out in Ohio got their hands on a new-in-the-box copy of this promotional sculpture. Of course, the original has brown shoes, but hey, pre-2003 brown bricks are hard to come by! I was able to use MLCAD to create an exact copy of the shoes from the original sculpture by working off of photos of the model at the Belaire Museum. I took screenshots of the MLCAD version so that I could build the shoes quickly without needing to install all the CAD software on another computer.
Of course, some less-noteworthy parts were added too - mine has partially new hands, partially new legs, and a nose job. The nose is no longer an exact match for this one, but I had to cover up a huge scratch with something that looked passable.
Both the finished product and the screenshots are in the Brickshelf gallery: http://www.brickshelf.com/cgi-bin/gallery.cgi?f=319898
I ought to clean this post up and put more links in sooner or later, but it's anyone's guess if/when I'll get to that.