Well, I had thought of a timeline like this too, but the fact is you just can't make it work.
There can't be a direct progression of OoT-aLttP, because the state of the Triforce is wrong.
So, if you have to put games in between OoT and aLttP anyway, you might as well put aLttP on one of the already existing timelines instead of trying to make a third timeline.

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Bomber's Notebook | Zelda Informer, Home of The Bombers | Theorizing Resources
Voted as Best Zelda Theorist in the Summer '08 Awards. Thank you to all who voted, and to all who inspired me along the way!