I'm not exactly sure about this, but my personal opinion is that it is called The Legend of Zelda because it is almost always Zelda that is the damsel in distress... It sounds kinda dumb, but Zelda shows up in every single Zelda game, except Link's Awakening (even though she is briefly mentioned at the beginning of the game). I think that if they were to start The Legend of Link, then the player would have to be somebody different instead of Link.

I don't know... It's just a little thought that seems to contradict itself seven times fold.

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I reject your reality and substitute my own.