On the matter of whether reference to an elect group necessitates that the members of that group also need to be elected. I believe that the answer is "no". So when we have, for example, the reference to an "elect chosen by grace" in Romans 11, we need not conclude that the individual members of this elect have also been "elected".
My argument is as follows: God obviously can sovereignly pre-destine a plan for the salvation of some human beings. In other words, he can pre-destine a pathway to justification - He can sovereignly carve out such a pathway in His universe. Now to be charitable to the standard "pre-destination" position, I will not argue that the "pre-destination" of a simple pathway to justification, an "empty" category if you will, is all that is meant by reference to an "elect". Even though I think such an argument might actually have some force, I will not go there.
I will therefore concede that if God pre-destines an "elect" unto salvation, there must be actual people in that category in order for reference to "an elect" to be even sensible. Nevertheless, I still maintain that one need not have God "picking the members of this elect" - the members of the elect can "freely" choose to enter that category, to "walk down that pathway to justification".
How can this view be sustained? Well, I will assert without argument that God can know the future without fore-ordaining it. In other words, He can know that I will have tea after dinner on January 20, 2013 without pre-desting me to make that choice. There is an argument that undergirds this and I think it is rock-solid. I will not provide in this post, however. So God can indeed pre-destine a category called "the elect" - this is a set of persons who freely choose to accept the invitation to walk down the pathway to justification. And he knows who will be in that set, even though He did not pre-destine that specific people will or will not be in the set. So indeed, it is sensible to make reference to an "elect".
I claim that this is not "election light" - it is not a way to slither out of the rather obvious implication that when God "elects", He is doing more than simply foreknowing. I would indeed be guilty of such a dodge if I were to say that the "elect" are simply those whom God foreknows will accept salvation. That leaves nothing for God to fully and sufficiently choose. And I understand why those of a Calvinist bent do not like such an argument. Election is indeed not the same as simply as fore-knowing.
But, on the view that I am proposing, there is indeed real "election" going on - God pre-destines that a set will indeed exist, guaranteed to be non-empty in virtue of foreknowledge as opposed to election of specific members. By fully and sufficiently pre-destining the existence of a category that He knows will be filled by "volunteers" (I use this word guardedly), it can indeed be said that God is creating an elect.