You sound more Elven than ever before, Master Hobbit. I would not myself put it differently.
[The words, the jokingly formal term of address, they all mirror that surprised fondness in Frodo's expression. He knew a halfling was approaching, but that it would turn out to be Frodo...? It doesn't take an Elf's eyes to see that he has changed; anyone who knows him, anyone who counts himself as his friend would be able to tell as much. Legolas smiles, warmly, turning fully to face him as he approaches.]