Anybody ever played the Mario game featuring just Princess Peach?
............
That's what I fear would happen.
I don't think it would make a very good game. If they made one featuring just Zelda then they'd have to do some serious work and some changes, and after those changes I wonder...would it still feel like Zelda?
I say just leave it alone for now...

Oh, and Ocarina needs its rest. No more monkeying around with that epic game.