I agree with everyone, especially those contradicing each other.
I actually agree it did get better 2nd and 3rd time, I think I was rushing through a little too much the first time to appreciate anything other than the most awesome bits (firing arrows with the pointer, upside down magnet puzzles) But I also agree it has it's flaws just like OoT does.
I don't agree about OoT aging well, I think it aged well until Windwaker came out.... now Majora's Mask has aged well (as has Super Mario 64)
Windwaker is still top of the pile for me though, and helped by it's style it has, and will age a lot better than OoT did or TP will.
While I am here:
Windwaker >> Majora's Mask >>>> Twilight Princess >>> Ocarina of Time