The "Z" "X" and the hearts feel weird because they're reversed from normal HUD setups in most, if not all, other Zelda games.
Also, does the apology for the "border" on the clock mean that it will be taken away? Because it seems very large.
Besides that, it's definitely a major improvement. Nice job. ^_^
(side note: I think the two button idea was Mammy, I just agreed
)