And generally any 300+ mana spell (Assuming Fire Elemental/Infernal) is much better than the summon early in the game - so they have the advantage early. It becomes a late game/early game clash - though it would be bad in -anns as they would be good at all stages - and even so - a simple Purge/Dispel own them.
Lesser elementals (I think, haven't looked at numbers in a while) would also die easily to similar mana cost spells early on (In 62 games). And the amount scaled wouldn't be much at all compared to creeps.