Why Elaine? Here's one reason: At a recent Perry Ellis fashion show, this South Beach diva famous for her killer Cher impression had the unenviable task of working the crowd following the parade of beauties who had just pranced down the runway. The fashion elites, with their low tolerance for tacky, were restless. Rather than resort to the common drag conceit of outrageousness, Elaine appeared in a stylish gold evening gown, dazzling earrings, and a perfect Sixties beehive. She was classy not trashy. As she well knows, drag is more than just shock value. It's about performance and poise. Flawless in her appearance, Elaine knows there's something even more important: being the consummate hostess. That she is.