Three little high elves, all dressed in white. Trying to get to heaven by following the light but the lantern tipped over so down they all fell. They couldn't get to heaven, they all went to... Two little high elves, all dressed in white. Trying to get to heaven by following the light but the lantern tipped over so down they all fell. They couldn't get to heaven, they all went to... One little high elf, all dressed in white. Trying to get to heaven by following the light but the lantern tipped over so down they all fell. They couldn't get to heaven, they all went to... Three little drow, all dressed in black. Trying to get to heaven with a dagger in their back but the dagger had venom, so down they all fell. They couldn't get to heaven, they all went to... <repeat as neccesary>Other verses:
Tomten / Brown / trying to get to heaven by digging underground, but the tunnels collapsed and so down...
Aerokin / Blue / trying to get to heaven - up and up they flew! but they ran out of mana, and so down...
Hydrokin / Green / trying to get to heaven at the bottom of a stream, but the water was poisoned, so down...
Pyrokin / Red / ....
last verse:
Don't be mistaken don't be misled they couldn't get to heaven so they all went to bedfelix?