Reincarnation Rules Question

[Zephyre Al'dran]

So we just fought the BBEG for the 3rd CC book and we had to bolt. Rears were smeared with Circle of Death and Cloud kill plus Advance Zombie Lord 8th level fighters. Problem is that our Divine Support - Oracle of Life, just started a new work schedule and will now only be available every other session. To sum it up, due to losing seroius divine caster support I'm droping my previously aquired yet still unused feat for Leadership. We've already got one character down, so I'm thinking of bringing in a Druid for Reincarnate (the cohort won't be high enough for raise dead). So this begs the question again, what do you lose/gain for becoming another race.
Example: Human 5th reincarnated as a elf. I'd understand losing the +2 to any stat for the +2 Dex, -2 Con +2 int, but do you lose the feats and skill points? My concern would be loss of skills aquired over a life time and potentially and important feat with regards to a feat chain.

[Stubs McKenzie]

You lose any racial stat bonus that was physical, and any racial features that rely directly on your physical form. That means a human loses nothing (other than a possible racial stat bonus) and gains.... usually lots. A lot of loss/gain has been argued to no definitive conclusion .... elven immunity to sleep (I think it is lost, but others don't) is a great example. Talk to your dm before you get a druid companion, as it is open to interpretation, which can drastically change the spells power level/usefulness.

EDIT: correcting autocorrect....