How about this instrument?
http://www.youtube.com/watch?v=nJYho56INKU
See the Wii equivalent
http://www.youtube.com/watch?v=wINCstV50HA
Anyway, I agree with Kishiro Diablo, they should include a new instrument in a Zelda game - it's just as natural as having a sword... hm..
As for an axe... I am not sure about it. I wouldn't like it to be included but if they make a nice 3D model, implement it well and actually make it useful in-game - then I'm all for it.