I think my favorite would be the Kokiri. After all, they get to just sit back and relax whenever, completely ignorant of any troubles in the world since they're isolated from the world. That's why I like them.
Gotta pick Hylian. I love all the different races of the games (as it adds to the magic) but I guess I can mostly relate to the Hylians most. (Plus, I think all the best characters are Hylian lol)