I'd say the odds of a live action YouTube clips sent to Kotaku not being terrible currently stand at around 1,000 to one. Thankfully, this Zelda flick is pretty amazing. Short, but amazing. It sort of gets me wondering what Somewhat Awesome Films could do if they had the resources and time to make something a little longer. Great work!
Just visually, it's quality. It's well shot, looks great, and doesn't have that terrible 'homemade' feel that most of these clips tend to have.