The racials for the new Draenei race are:
* Blessing of the Naaru - heals the target of 50 damage over 15 sec (3 minute cooldown, scales with level)
* Gemcutting - Jewelcrafting skill increased by 15
* Inspiring Presence - Increases chance to hit with spells by 1% for all party members within 30 yards
* Shadow Resistance - increased by 10
The Blood Elf racials (as announced at Blizzcon) are:
* Arcane Affinity - Enchanting increased by 15
* Arcane Torrent - Silence all enemies within 8 yards for 2 sec. In addition, you gain 20 Energy, Mana or Rage for each Mana Tap charge currently affecting you. (2 minute cooldown)
* Magic Resistance - All resistances increased by 5
* Mana Tap - Drains 50 mana from your target and charges you with Arcane energy until cancelled. This effect stacks up to 3 times.
Blood elves ftw. :p
Edit: Oh, and further proof that Warcraft "lore" is bullshit:
Old:
The Eredar, an insidious race of devilish sorcerers, used their warlock magics to invade and enslave a number of worlds. The indigenous races of those worlds were mutated by the Eredar's malevolent powers and turned into demons themselves. Though Sargeras's nearly limitless powers were more than enough to defeat the vile Eredar, he was greatly troubled by the creatures' corruption and all-consuming evil. Incapable of fathoming such depravity, the great Titan began to slip into a brooding depression. Despite his growing unease, Sargeras rid the universe of the warlocks by trapping them within a corner of the Twisting Nether.
In his fury, Sargeras shattered the prisons of the Eredar and the Nathrezim and set the loathsome demons free. These cunning creatures bowed before the dark Titan's vast rage and offered to serve him in whatever malicious ways they could. From the ranks of the powerful Eredar, Sargeras picked two champions to command his demonic army of destruction. Kil'jaeden the Deceiver was chosen to seek out the darkest races in the universe and recruit them into Sargeras's ranks. The second champion, Archimonde the Defiler, was chosen to lead Sargeras's vast armies into battle against any who might resist the Titan's will.
New:
Nearly twenty-five thousand years ago, the eredar race arose on the world of Argus. They were extremely intelligent and had a natural affinity for magic in all its myriad forms. Using their gifts, they developed a vast and wondrous society.
Unfortunately the eredar's accomplishments caught the attention of Sargeras, the Destroyer of Worlds. He had already begun his Burning Crusade to eradicate all life from the cosmos, and he believed that the brilliant eredar would be pivotal in leading the vast demonic army he was gathering. Thus, he contacted the eredar's three most prominent leaders: Kil'jaeden, Archimonde, and Velen. In exchange for the loyalty of the eredar race, Sargeras offered untold power and knowledge.
The sad thing is, it would have been so easy to do right. Archimonde and Kil'Jaeden start attempting to conquer the universe. Velen begs the Titans for help, the Titans send Sargeras. Sargeras kicks ass all over the eredar, and all is okay. Then Sargeras goes crazy, and lets the imprisoned eredar out. Velen and the non-evil eredar try to stop him, fail, and only survive by running away with the help of the naaru. Sargeras remains pissed ever since. EASY.
Seriously. This is downright bizzare.
In addition, the Draenei hold no affinity for certain Horde races. They outright hate the Orcs, who nearly drove the Draenei to extinction in Outland. And more recently, the Blood Elves stole technology from the Draenei and also sabotaged their dimensional ship, which crash landed on Azeroth.
...
And more recently, the Blood Elves stole technology from the Draenei and also sabotaged their dimensional ship, which crash landed on Azeroth.
What? Is this a joke? Who's WRITING THIS?
Amazing story my ass. :p