For one thing, elite picks won't win anything. A list will win, and the list might have one or two of the so-called elite songs on them. They'll be gone in the first round, and then you're on your own. Plus, as you pointed out, even the elite picks aren't universally loved. If you want to go specifically by what you think will be popular, you'll still be taking your chances.
Also consider that you've only got 8 slots. If I were making a desert island CD, I'd have some classical music on it. Maybe a bit of jazz. You'll need to spread things around a bit.