Yeah, I agree. I don't think cinematic-focused storytelling does much for Zelda at all. I wouldn't want Zelda to be totally open world, do whatever you want at your own pace, but I think letting you tackle dungeons in your own order (maybe not all of them at once), explore the world without having restricting barriers (there are always to discourage going beyond a certain point without making it absolute), and give you more of a character progression in the style of Metroid. What I really want is a new Zelda that follows the basic design philosophy of Zelda 1 or Metroid Prime, and less of Ocarina of Time or Twilight Princess. That might be too much to ask for these days, though! It also probably wouldn't be too popular of an idea with the Zelda fanbase today.
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Simplicity is the ultimate sophistication.