Depends who found them i think. Many of the Altmer do not like the Thalmor. Still chuckling inside at the idea of http://www.uesp.net/wiki/Oblivion:Areldur taking up the relics and beating the crap out of the Thalmor...
You bet, he has the most chances of being alive after 200 years. I'd love to see that idea implemented as new content somehow, possibly with him having gone mad thanks to the invaluable example and assistance from the previous wielder of the relics, for a better impersonation of Pelinal.
"The commander, the others thought he abandoned us, but he never left, he is always with me. And with his blessing I've wielded the relics all these years, and for him I shall fight, until all the enemies of the Nine lay dead at our feet! Death to the Thalmor! Long live Talos! Cheese for everyone!"