I wrote that last answer wrong. For music, just connect your Optimus V to a computer via micro USB and see the file "music". Copy it and put it in your computer's "Music" folder. Then, connect your Elite to the computer, copy the folder of music on it, and then paste it to the Elite in your computer.
Google saves your contacts. So if you use the same Google account on your new Android, you should have your same contacts. To view your contacts just go to Gmail and in the top left corner you'll see "Gmail", click on it and you should see "Contacts". To transfer pictures, just connect your Optimus V to a computer via micro USB and if the files you should see one called "contacts".