I've always wondered why no one's done this. Here's my story idea thus far. (( Note: I just came up with this idea yesterday...))
"Hyrule has seen peace for many years. During this time, the Hylian people progressed and new ways of life were formed. However, this peace that the Hylians loved so much was threatened by a tribe of warriors. The people heard stories of this tribe, and were terrified of their might. They prayed to the gods for a hero...
"As if to answer their prayers, an adventurous young man came to Hyrule. The people could sense that he was a person with a destiny of greatness. Maybe, his destiny is to save Hyrule from this evil tribe...?"
Some of the unique gameplay elements include crimes, interchangeable armors and weapons, and experience all mixed in with the Zelda feel we know and love, along with a Fable-esque good/evil engine. That's right: you can make Link evil! You can gain renown levels to become more popular and accept different quests. People will act and talk to you according to your renown level and alignment on the good/evil scale. Cool!
I'm taking "applications" right now, which can be sent via e-mail, PM, or by simply posting "yeah, I'll help." ([Please state what you are helping with!]) So far, here's what I plan I'll need:
-A deticated programmer (besides myself)
-Lots of graphics (for the different armors in each level of Link's alignment...currently planning for 5 armors, 5 evil, 5 good, and 1 middle alignment.*)
-Sound effects for different crimes, and traditional sound effects
-Level designer
-A good story writer to help improve
For all who wish to help, thanks for participating in one of the most ambitious Zelda fangames ever made! For those who like the idea, but don't want to help, thank you for your support, and please advertise. For the n00bs that come in and say "haha lolxd this is t3h st00pid idea hahaha go f yourself croniaN..." Well, STFU.
* Don't worry! No one person will have to make the sprite sets! The sprites are going to be based on the ALTTP format, and all you have to do is edit them! But please, no slackers. You need to be skillful!