I was huge into the story back when it was just starting out. IIRC, I was in junior high school. It was quarterly at the time, and the comic book store clerk was always half-mocking when I asked each month if the new issue was out, because I wasn't entirely sure what "quarterly" meant.
Everyone who reads Elfquest does it at least in part because they want to fuck elves. Hell, they even bring out the dominatrix elf who subjugates her tribe into body play, etc. etc.