Just felt like giving some feedback and agreeing with everyone else that this looks pretty and promising. I'm looking forward to play the demo you guys are working on and sure hope that you'll keep working on the game after that.
Also, I wondered wether you'd just stick with the OoT-soundtrack and sfx's or make some that sound more "2D". I'm not sure which I'd prefer. While the original music would create a lot of the OoT-atmosphere by itself and add to the nostalgia-factor, remixes might be nice to listen to, too. I'm sure you'll sort something out.
Good luck, you are creating something remarkable here. Thumbs up.