I just stumbled upon this and wonder if any of you have heard of it (most likely some of you have). I didn't find any related topics, but if there is - mods feel free to delete this.
The project is still very much in alpha/beta (about 15%, but you are able to download it right now at it's current stage and play it).
http://oot-2d.com/
OoT 2D is a 2D remake of The Legend of Zelda: Ocarina of Time that is styled like ALttP. It has been attempted many times and by many different authors, the first attempt of which was over a decade ago!
This embodiment of OoT 2D will use no already-existing engine and no utilities such as Game Maker. While building it from scratch is slow and old-fashioned, this method of programming will grant full control over everything, resulting in a high-quality product! We hope you all like it!
Trailer:
Video of New Market:
XI Wiki



