That was pretty cool. I liked the details they put into (posters like Hyrule map and the Indigos) and Ganondrof's voice reminded me of Sean Connery. I love silly breaks from stuff like that, makes me realize there's no point arguing over timelines. All in all, quite good.
My friend, also a Gamecube owner, does stuff with Flash. He doesn't seem to be aware of the concept of plots, however, much less the possibility of a parody.