Actually, it is racist because race is also linked to species ( like in games orcs and elves are other races ) and what most people associate with race is actually ethnicity.
According to the anthropological definition of the word, race is considered one of the divisions of humankind, where the more general definition is a group of persons related by common ancestry. In either case, it refers only to humans or members of the same taxonomical denomination, usually the order. And plus, orcs and elves are both humanoid creatures related by a common ancestor, and changed individually over time. So yes, orcs and elves are different humanoid races. But an oliphaunt or warg wouldn't be considered to be different human races.
I don't know, they say it's designed for humans but look at the size of it compared to the woman on the stage. You've got to have a bus or something to carry it around. I think it's designed for ice giants or for really reach people who can afford to have a team of contractors put up some scaffold or something so they can use it.
http://sciencerockz.wikispaces.com/file/view/taxonomy_least_to_most_specific.jpg/126020281/561x792/taxonomy_least_to_most_specific.jpg
We should strike, I really wanted a samsung galaxy! Grr!