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I like it, especially because it's a Shakespearean name as well. But the associations in general aren't very good; supposedly, Helena was the cause of the Trojan war; and in A Midsummer Night's Dream, Helena's jealous. And I've got some bad personal associations, too.
I can also imagine the "hel" part bothering some people. Not me, though.
As far as nicknames go, I don't like any of them. Just Helena. I pronounce it HEL-en-uh, by the way. (Side note: I pronounce Elena "e-LAY-nuh")