Well after the success of Ocarina of Time 3D they would have been stupid not to consider other reboots really, and Shigeru Miyamoto has indicated it's come down to a choice between two titles: A Link to the Past and Majora's Mask.
"We haven't quite decided yet whether we're going to do A Link to the Past, because there's also the possibility of doing a remake of Majora's Mask," Miaymoto told IGN.
"This is something we've certainly been talking about and doing a little bit of experimenting with, to figure out which way we're going to go."
But with Nintendo busy readying the Wii U for the year's end, not to mention innumerable other projects, Miyamoto suggested that fans would have to wait "just a little while longer" for Nintendo's decision.
"We have so many goals right now. We're always looking at expanding our audience and giving people the opportunity to get their hands on 3DS and see what kind of fun gaming experiences they can have. And now, we're also tasked with pushing the Wii U. So we have lots of good opportunities in terms of thinking about which Zelda game is going to be best for which purpose."