Majora's Mask being rock bottom next to Phantom Hourglass.
You have GOT to be kidding me. Sorry, I'm a Majora's Mask fanboy. :$
Anyways. I've played LoZ, AoL, OoT, MM, WW, TP, PH and ST. I'm not really a huge fan of the first 2. They're kind of boring to me. I don't quite love OoT as much as everyone else and PH wasn't anything to rave about. SO for me:
1. Majora's Mask
2. Wind Waker
3. Twilight Princess
4. Spirit Tracks
5. Ocarina of Time (Sorry everyone)
6. Phantom Hourglass
7. Legend of Zelda
8. Adventure of Link
Spirit Tracks was actually a surprisingly good game. I thought that trains in a Zelda game would be a horrible idea. I was wrong. It gave the game it's own unique style, and differentiated itself from PH, even with the same graphics. Although the train kind of depleted the aspect of exploration, the game made up for it with interesting puzzles, some of my favorite items, the spirit flute which I love more than the Ocarina, OUTSTANDING music, a playable Zelda, really unique characters such as Chancellor Cole, and a really cool kind of western theme.