I would have loved to have been to the GDC! The big man Miyamoto was there, and had a few (keynote!) words to say. The whole speech is here at IGN64.com Hey man, I want more Zelda. I know Kween Zelda needs to be saved. Or was that Princess? Whatever...

Shall I begin making Zelda for our next generation hardware? [cheers] At this point, the answer to that question is no. [Disappointed "aaaawwwws" can be heard and Miyamoto laughs.] The reason for my saying this is that all of the elements for which Zelda has received so much praise for had already been incorporated into the game more than a year before completion, when I felt the game was not fun to play. I think that a lot of the reasons that Zelda has been so praised are not related the N64's level of expression, the unique camera systems and auto-jump system, nor the gorgeous cinema scenes and spectacular boss fights. It is true that some other team may realize the level of expression that we achieved with Zelda, but of course it will not be the exact same as Zelda. With improved hardware, I can imagine Zelda having more detailed graphics and a quicker response time, but when it comes to increasing the degree of fun, I cannot be certain of that at this time. This is something that I feel we as designers must reconsider.