Does the elemental boost from elemental wands/staffs still work?

I do not believe anything of the sort that bonuses are now completely gone (though I won't be around to test it). The question is: why would some idiot who doesn't know a thing about AMs try to normally use elemental reset on an elemental-weak monster on which their wand/staff would deal ele bonuses (if that's what happened to spread the rumor of ele bonuses not working, it totally makes no sense).