Bzzzy, Norm is right - although the Element is still towable 4 down (I believe), Honda does not warranty it for use as a towed. I believe the CRV is the only vehicle that Honda makes that they still say is towable 4 down. The CRV and Element are built on the same platform, but for some reason the CRV is the only one they allow to be towed.
By the way, I put the BlueOx baseplate on our Element myself. Not a hard job, but it looks scary when you take off the entire frontend with all the platic fenders lying on the ground.