Zelda is huge all over the world and Nintendo could make a lot of money translating this product. I'm sure it will come out in some form in English some day, but Japan sometimes takes awhile with that. Might need to wait a year or more. Event he fan mangas got translated eventually (I did buy them in Japanese first, 3 or so years earlier). No hentai doujinshi in English though -too bad
(Got those too though). Fan subs will alwasy exist on the internet - it will get translated int hat way if there are no plans for an official release.