Cosplay Ideas. Also, Dwarves or Satyrs?

Since I am a huge Hobbit nerd, I know what my next cosplay will be. I was actually thinking about doing two cosplays, but I shenanigan around and I don't think I'll have the time or money to do both. But for the cosplay I absolutely want to finish, I want to be a dwarf.

I won't be doing a character specifically, but I'll be one of the dwarf ladies that can be seen in the background. Preferably eating cake and not being set on fire by a dragon, no matter how sexy the voice of the dragon is, fire is bad.

Hopefully I can go all out with the dress, which has a fairly simple design, and get slightly pointed ears. I don't want them too pointy, but I also just don't want to have huge ears. I did some concept studies on Tolkien's dwarves and they have bigger than normal ears. I'm not entirely sure if I will do ears yet.

I've got the design for my dress down. I can't draw clothing in detail, so I actually went into a popular Hobbit scene maker and made the dress with that. I feel like posting it, so excuse the laziness of my nonexistence art skills. 

Now the second cosplay would be Lynette from Soul Calibur III. I'd make the skirt of her dress a little longer, but I'd still make I poof. My only concern besides time and money is the length.

Cosplay on a budget is easy. Cosplay on a super tight budget is not.

On another note, my boyfriend and I have been having a play argument. So why don't you guys help me settle this? Tell me, would you rather be a dwarf or a satyr?

My dwarf  dress reference can be seen below. The game belongs to Azalea. I suggest you check out her DeviantArt.