I just realized I'd never poste in this thread, so I thought I should remedy that.
My favourite character is a bit tough, I love Elladan and Elrohir, play one of them in a RP actually, but Tolkien never said much about them, so it's pretty much what people put in them that makes their character. I love Faramir because he is so noble and acts so sweetly and is just such a wonderful character.
From the fellowship it has to be Aragorn and Legolas, I can't decide who. legolas has some huge advantages, he's an elf for once, which in my eyes is very good, but Aragorn certainly has his appealing sides too, I like the fact that he's a healer.
I also love Elrond, he's so wise and good and he's kept Imladris safe for millenia. He's a very good character, and of course the father of Elladan and Elrohir, and I see him as a very kind and good father, and fosterfather of Aragorn too. So all in all, I'm just trying to say I have several favourites.