Still unsure about this, but just have to wait it out.

My first alarm was "live action". I never did believe that Nintendo and Ghibli would join forces to make a Zelda movie, but damn do I wish they did. Specially after that fan trailer.
But of course that was never meant to be.
I think Zelda will fit better in a live action setting than a pure CG animated movie though.

The other alarm wasn't an alarm to begin with but was Avi Arad. So I looked up his IMDB and damn! Did my alarms go off to 11.
Remember I refused to watch Ghost in the Shell Hollywood edition because I heard they changed the ending. One of the most epic endings ever.
I just don't want them to Americanize Zelda too much (not a all, really).

But there is hope. Nintendo ,with Shiggy as captain there, will be watching every nanometer of development, so I will be keeping a curious yet a cautious set of eyes on this!

Oh! And of course that Nintendo and Sony have reunited is so ironic it's cute.