Definitely for the better. Letting a player do so much without any tradeoff inevitably makes a mechanic boring. It would even be an insult to call it a mechanic if it was like that. It's better to say "you can do x thing all you want if you can manage resource" that to say "you can do anything...
I've seen the trailer and some of the gameplay footage and honestly... it looks good. Great even. I've developed kind of a hatred for the way 3D Zelda works as of late, and this seems to address pretty much every problem I've had. I wouldn't be surprised if even people who hate 3D Zelda find...