They should look closer to what they did in Morrowind.
If you actually looked at Morrowind's Bosmer, you'd realize that's not a good thing. I don't care if you've killed hundreds of people and eat puppies for breakfast, if you look like that Bosmer face in Morrowind with the ridiculous beard, there's no way I can possibly take you seriously.
thats kind of the point wood elfs look too generic and not that special (and theyre really annoying which is not how they are suppose to be).... atleast in morrowind the looked a bit more unique.
If it comes down to looking generic and at least somewhat presentable (Sure, Oblivion's Bosmer weren't pretty, but at least they're not any less freakish than the other races in the game.) and looking "original" (As if something called an elf can be original to begin with.) but utterly hideous, I'd much rather go with the generic one. Really, we're not talking about orcs here, Bosmer are not supposed to be hideous abominations like they were in Morrowind.
And if they're not supposed to be annoying, than Bethesda should stop giving them voice actors with such squeaky voices. I mean, I don't expect them to sound like Morrowind's Dunmer, but it's pretty hard to make me NOT find someone who sounds like Morrowind's Bosmer annoying.
Look at the pictures of the wood elves. Only one I posted had those eyes, they were uncommon. Go find some more if you like, but you can't call it a defining feature of the race.
Not to mention the eyes made those who had them look like soulless abominations, not something we're supposed to be able to relate to.
Really, the Bosmer in both games were pretty impossible to take seriously, and I'm not sure there's much that can be done about it at this point. It's going to be pretty hard for anything Bethesda does to erase the image of an ugly little guy with pointy ears saying to me in a high-pitched voice "I have a feeling that you and I are about to become... very close." The mental image of them as a comic relief race that seems to always have the most hated characters in the game is just too strong for me to be able to easily abandon it.