My "perfect" Zelda would probably look something like this:
-Wii U Zelda tech demo graphics
-Sidequests like Majora's Mask
-NPC interaction like Majora's Mask
-An extremely in-depth storyline; I feel that even though each Zelda game has its own unique story, they mostly center around "Link saves Zelda and/or Hyrule." I'd really like it if they could make a Zelda game where Link is
very personally involved, not just the whole "Link's sister/friend is kidnapped" thing. Something... more.
-Beautiful, cinematic cutscenes
-Enemies like Skyward Sword (they seem a lot smarter than the enemies we've seen so far!)
-Bosses that can be beaten in different, innovative ways
-Bosses that actually have something to do with the plotline (Most bosses we've seen are just...
there. I'd like bosses that we've seen or heard of before during the game, and then later we go and defeat them.)
-Magic with no Magic Meter (Who wouldn't love to use Light Arrows all you want without having to carry four bottles of Green Potion?!

)
-Items that can be upgraded
-Items that can be used throughout the game (I don't want items like
Twilight Princess's Spinner or Dominion Rod.)
-Many dungeons (10+)
-Many optional dungeons
-Random stuff you can carry around (This is a weird one, I know. What I mean is that I'd love to be able to cut a flower with my sword and then pick it up and put it in a pouch labeled "Other." XD Then I could use the flower later to do something else... Like make... Flower stew. XD)
-Crazy villain like what we've seen of Ghirahim so far XP
-Beautiful music
-Cool sword moves like Twilight Princess
-Lots of cool easter eggs
-Must have that "Zelda feel"
I'm a little picky. XP