Ee-LIE-zha is the original Hebrew pronunciation. Ee-LIE-juh is an Anglicized pronunciation and does make the name sound more masculine. You aren't "required" to pronounce it the Hebrew way. I also don't think it sounds outdated or old fashioned. Actually, it sounds like a modern name to me.
-- Anonymous User 3/17/2007
Why contribute false information?! What you had written is inverted. The original Hebrew pronunciation is Ee-LIE-juh and Ee-LIE-zha is the Anglicized one.