I always though LoZ Majora's Mask was pretty weird and after seeing it played, realized how directionless the game is. And it's really no wonder, last night my husband found a page explaining why it even exists. Did You Know Gaming {Note} URA Zelda is actually known now as OoT Master Quest, everything used in MM are items reused from OoT.
This is also quoted from Aonuma (the producer): “I hear about it often, and is a topic I’ve discussed many times with Mr. Miyamoto. However, we just released the Ocarina Of Time to the market, and now I believe we want the next The Legend of Zelda for Nintendo 3DS to be an original title, I believe that this is the way forward in the near future.”
And very recently when the Windwaker HD re-release was announced Miyamoto said he had little interest on working on remakes [in general] and really wants to focus on making NEW LoZ games. Not only but WW was more popular then Majora's Mask. I do like WW but cared VERY LITTLE for the cartoony cel-shaded graphics which was most peoples problemw with the game. Either that or so much time had passed that people don't want to break out a GC to play the game (my WW disc didnt work in my Wii for some reason but works 100% in my GC.)
Either way, I dont like Majora's Mask and do not care about a remake. From what I have seen, (to the second dungeon) the game is really difficult and seems a little impossible to play without a guide, as you do not know the times/locations of people you need to interact with.