The last time Nintendo took massive risks with the Zelda franchise people made a big negative noise. The game was Wind Waker and people were a little bit annoyed about cel-shaded link and his move into the high seas. According to Nintendo's Eiji Aonuma, that negative reaction is the reason why, these days, Nintendo tends to be a little more conservative in its decisions with regards to Zelda.
In an interview with Games TM Eiji Aonuma discussed Wind Waker's grand leap and its repercussions.
"We encountered an awful lot of problems from the drastic leap we took with Wind Waker," he said. "I think we will be a bit more careful in the future, but if we find a new approach that not just the developers, but also the users would enjoy then I think we will want to break new ground again. But we haven’t found such an approach yet."
A "bit more careful". I sincerely hope that isn't code for 'same old game over and over', because Zelda is in need of a makeover. It's funny how the perception of Wind Waker has changed over time. Back then I was among the cynical but now, after two largely uninspiring console Zeldas, I'm desperate for something new to be injected into the Zelda formula.
It's karma in action. This is what asked for. It's our own fault.
Ah well, at least I have Wind Waker HD to tide me over.