I stopped getting excited about new Zelda stuff... its fun when I eventually play it.. but I looked forward to Wind Waker because it looked so different, and its still my favorite now...
on the other hand, my 2nd favorite zelda game- Majora's Mask also started off as a game made in the same engine and improving upon the last game. And that game was amazing, surprisingly dark and pretty twisted themes and imagery here and there... so who knows what we'll see.
I'd like to see a game that breaks from the formula. Another reason I like Majora's Mask. It was one of the big, high budget 3D games... but it felt like the equivilant of Link's Awakening. I really dont give a shit about Hyrule and most of the established repeat characters... particularly (Ganon/Ganondorf is behind it all...)
I want something new.