It looks like the Legend of Zelda will be more than a single player experience at some point in the near future according to Zelda producer Eiji Aonuma.
While speaking to GameInformer, he reopened the possibility saying that while he was talking about the making of Zelda more than just a single player experience, he confirmed that it is something we will see in the future, maybe next year.
If you put the pieces together, what Aonuma is hinting at is that the 2015 release of the new Zelda game will likely feature some sort of a multiplayer experience. Of course with all of the other things that Nintendo has been talking about with Zelda, knows what else might be in the cards.
The possibility of Zelda multiplayer is interesting and does again open the debate of the positives and negatives of such an experience. It could take a lot of doing to get a multiplayer Zelda experience right and for sure they would want to get it right. Still it has to be one of the things that players have asked for to be included in the franchise over the years, but if it were easy to do they would have done it by now.