New theorists are starting to try to solve the timeline by discarding the official timeline completely because they have found out that if you base a theory on misinformation then your theory will always retain the flaws that come with it. As for something to take its place that's the entire point of timeline theory is to solve the true timeline.
This answer is incomplete as it only considers the final battle of Ocarina of time nothing before and nothing after. Each game is not a single time point on the timeline instead they are threads each game has a sequence of events throughout history leading up to the game as such the game's story can't happen if those events don't happen.
Except Jabu-jabu and the Zora royal family were absent from that time period by the history of Oracle of ages since Jabu-jabu is fully grown in Ocarina of time and in Oracle of ages Jabu-jabu was a small fry in the past era and the present era is not before Ocarina of time and throughout that entire time gap Jabu-jabu and the Zora royal family were in Labrynna not Hyrule. Also in Oracle Twinrova is alive but in Ocarina of time Twinrova is dead by the time of the final battle. So like I said before:
That doesn't solve the Twinrova problem.
The timeline is the biggest theory as it contains the most moving parts. Probably the easiest way to solve it is to simplify it back to the beginning, map out the history of each game and weave that history together into a cohesive timeline. Timeline theories are not easy.
The presentation is good but the theory is Swiss cheese.
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