Doesn't sound quite right to be for a Zelda game. Aside from the fact I'd be reminded of that Gates every time I saw it (and damned if Nintendo haven't thought of that), it just doesn't have any imagination to it. I read that and I was disappointed.
Besides aren't the Zelda subtitles generally given very late in the development? Ocarina was just plain 64 for a long time, Majora's Mask was Gaiden until very near release, the Not-The-True-Ura-Zelda became Master Quest (note to self - steal real Ura-Zelda 64DD this year...), and the same happened with Wind Waker.