There is a Zelda movie that's being worked on though: The Legend of Zelda: Hero of Time.
Thats a fan film, and it looks like crap.
If the IGN film was made it would make me want to kill something, sure the effects looked great but to make a zelda movie right it needs to be BANG on, even if its a smidge out it will suck, there are so many things to pick on, my complaints are:
1. Link has his sword in his LEFT hand. The reason the actor had it in his right was it was too hard to train left handed sword fightng, but maybe they should have thought of that

. Also the maker said hes right handed in twilight princess, that really mucked me off, no he isnt, hes still left handed, hes only right handed on the wii version and the reason for that was the whole game was a
mirrored port, and the reason for that was because most people would use their right hand for using the wii controler. The Gamecube is the original version.
2. Link looks like a cross between Michael Jackson and a pig. Ugly and completeley wrong.
3. Wheres the shield?!?!?!?!?!?
4. The tunic is too green, it needs to be more olive coloured and slightly lighter.
These may make me sound like a nagging granny but these things make this film trailer look awful in my oppinion, and the film would take away the Zelda feel which only by playing you can experience, but afterall it was an april fools joke, and it was bloody good.
EDIT: The makers are talking about continueing with it...
...damn i cant swear can i... I will replace the F-word with doggy and the S-word with silly.
ARRGGGHHH doggy those doggying silly heads they need to eat silly them rotten, dumb doggys, it sucks it doggys it doggys it sucks. They need to go to hell. Silly heads...