Both of those are exactly the same - it's just that the second one is a MUCH better recording!  They're both MIDI.

It will be.  It's all about interactive music over at EAD.

However, they pioneered a new technique in Super Mario Galaxy where you can segue between MIDI and pre-recorded music seamlessly.  It was a technical achievement that I don't think got the recognition it deserved.  So I definitely expect this technique to be used for the next Wii Zelda title.

Yep, The full song:

And the song you're referring to is the Oath to Order.

I always loved MM's soundtrack many of the tunes stood out to me from the rest of the Zelda series, in a good way. The songs always helped capture a mood of a certain moment in the game, like the final day and calling of the giants. Don't forget Majora's incarnation, that battle was crazy, lol. :P

^ That's the piano arrangement played when Darmani and Mikau die.

There are two other arrangements of that song:

"Mask House Theme" - which is played only ONCE in the whole entire game, when you fail to bring the mask back to the salesman on the first 3 day set. He picks Link up and starts shaking the shit out of him. This version of the song plays in the background.

"Clock Tower" - the choral version of the same song you posted in the Youtube video played inside the Clocktower.

All three are awesome.  The Song of Healing is just a great song period.

I think I'm one of maybe 20 people who played TP that liked this track.

Haha, I still think this is the best boss music a Zelda game could ever have. Simply epic!

This and the main overworld theme are two of the most memorable songs from TP... And I guess that confirms what the OP (and other people here) said. o_O

I love this song!  Check out the soundscape version over at Z.R.E.O here.

Yeah, that song is truly epic.  I still don't think it beats "Ganon, The Last Battle" from Ocarina of Time though.

Check out this version arranged by MOKA over in Japan.  The brass just puts this over the top for me.  Too bad the sound quality is terrible, but I think you'll feel it nontheless!

It gets really good at 2:30.  This was a pretty solid album too - came out a full year after the game.

Well... that totally sounds like a song from Radiant Silvergun. o_O

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 Well, there was the Title Screen Song, the Overworld Song, The Dungeon Song, and the Game Over Song. I can't remember any others, can you?

I think you're right about Koji Kondo. It's the same deal with New Super Mario Bros., the music isn't bad but it doesn't have the charm and lasting abilityi of the older games.