Yeah sure, everyone would just forget about Zelda if one of their competitors came out with another game similar to it.
Come on, even if they'd try to create something similar, it would *never* be Zelda. Zelda has a certain status that's been built up over the last 20+ years, over the span of 15 or so games that have almost without exception been rated among the top games of their respective generations. Zelda has a legendary status, a level of hype surrounding it few other games could ever hope to achieve. Anyone remember E3 2004? People cried. 
Besides, one does not simply crap out a game comparable to Zelda, it'd take years, and what's more, tens upon tens of millions of Dollars, if it were to be done on an HD system. That's not a gamble any developer would like to take, especially with a new IP.
Nintendo Network ID: Cheebee 3DS Code: 2320 - 6113 - 9046
