Oh I didn't even think of this!! We love the name Elizabeth for a little girl and the last initial is also W. I never even realized that it spells EW.
Well, take it from who is just realizing it now. The way I see it is I still love the name. Might our kids complain about it in the future... maybe a little bit. But they aren't going to be the only ones out there with those initials.
It could be worse, I used to know of someone named Alfred Steven Shaver.