Judging by the responses in this thread, I expected the article to be a little more misguided than it wound up being. Misguided or volatile, I guess.
He's well-spoken and well-intentioned. The only problem is that he wants Zelda to be something it has not been for many years, ignoring the fact that maybe Zelda is what it wants to be, and what he saw in the first two games was more the product of it's time and limitations than the blueprint the rest of the series was meant to adhere to.
What he wants has to be found elsewhere (Demons and Dark Souls, for example), and maybe that's not the worst thing in the world.
How many gamers have actually completed the original Zeldas? How many could, would, or even have the patience to in our current generation? I don't think modern audiences could handle another game like that, and I think Nintendo would agree with me.
Focus, bumpers, helpful guides- these are concesions made to deliver the Zelda experience to as many gamers as possible. Nintendo has made their intentions clear. I may be looking for a Zelda game like the article describes, but I don't believe for a second that it would be good business for Nintendo to make one.