In the old chinese curse sense of the word?
Most systems are elitist in a way or another, so while I dislike the idea of actually using such a system, I wouldn't go making a big deal out of it either. After all, any election is still better than an appointment. And the most elitist form of voting you could ever imagine is already available: ducal-based voting.
Seriously, if the realm has but a single or few dukes, and they are elected by the ruler, what are the odds of someone else getting elected to that position? Not to mention that in some realms you can be ruler and duke at the same time.
Vote per time in realm, while I personally dislike it, would be newbie-friendly compared to that, and that's already available. I think you overestimate how bad it is.
