They didn't say "no" to Majora's Mask being remade for 3DS, they just said it wasn''t right to do it right now. That's good!!
About Zelda 3DS, I'd love to see a game worth dethroning A Link to the Past, with epic storyline and graphics. Please make it happen, Nintendo.
Art doesn't have to be difficult to produce to have meaning, but it can be complex, you could look at Zelda as a complex piece of art. Let's just pretend the whole process of make a videogame does not exist, also talking, of course, of the difficulties of making such a game, by the time it was made. You could just look at Zelda (as a whole, like one could do with Harry Potter series) as a complex piece of art, just by it's history, and all the twists that occurs in every title, and everyhing implied with them. I do see it as art, as I do with every videogame that has taken my breath, my sweat, my tears, my laughter, or my high scool grades (lol).