Yes more facial options would be wanted. The lack of beards for females is just mind blowing.
On a more serious note, now like Lynroy pointed out, there are a lot of pretty ladies in the Post pictures of your Inquisitors and also in the Elven female- Let's see what you got and pretty much any face shape sharing thread. So the beautiful lady Inquisitor is not a myth. But while I disagree with your top point, I am in favor of the ideas below.
Having a lip corner curler would be nice, for both genders of course. Nothing says hero more than a psychotic grin going from ear to ear. And it's nice to have your avatar smiling at you. More eye shapes is always nice, seeing as those are the windows to the soul. Someone was complaining about the lack of monolids, so having those would be nice. More eyelash types might be nice, but not a priority from me.
Getting the grid codes would be marvelous. Then all the pretty faces could be mine. (Mwahahahaha) .
Handy if you made a cute face but picked the wrong class or world state at the beginning of the game.
More lip shapes would be nice, especially how the upper lip is shaped. Still, just having the option is fantastic. And I hope Bioware keeps it in later games. Maybe some more eyebrows shapes.
Now, good luck with the drinking, and be sure to check out the Post your Inquisitor thread to see all the pretties there and maybe get some tips for perfecting the Inquisitors lady face.