To be clear Nintendo announced that they are indeed working on the next full Zelda title in earnest. However, due to the long development time they decided to re-create one of the series most prominent titles to help ease the wait. Wind Waker Reborn is a fully rebuilt and improved version of the original with new models, textures, and clearly made for HD beauty.
This is something that has completely caught me off guard, and I'll be looking forward to it when it arrives this coming holiday. There was much more mentioned during Nintendo Direct though, check it all out here. ----Strife Out----


Even though this is no official announcement for FO4, it seems a pretty good indicator that Bethesda is somehow looking at the future of the series. Here's to hoping that the next instalment will happen in the next year or two.
----Strife Out----
In all honesty though I think this is long overdue. For the PS2 to only be leaving the active gaming scene as it's successor is about to be replaced is a bit extreme. None the less though I'll raise my glass and say; Here's to the hours of fun, lost childhood, and broken joysticks that the good old Playstation 2 brought me!