Don't mind it myself that much. It could've been glare on the glass screen then from sunlight. The LCD screen you had before probably had an anti-glare coating or screen. Anyway, don't mind it.
Well, when I have my wheel (T500 RS) at FFB Strength 10 and Simulation with Power Steering, then I still feel like it wants to tear my hands off on a bump. Now since I never drove on a circuit before I can only imagine it feels a bit too sudden for me. So please use your own settings that you'd normally use to drive with. I wonder if the strength will be more gradual like then with the T500. As in that you feel the wheels pulling to a side rather then having them slam to one side all of a sudden. Especially since everyone says that the Elite feels so real and smooth.