UncleScrooge on 22 June 2013
Of course this game is far into development: Iwata publicly asked Aonuma in an Iwata asks interview to cut down development time of the next Zelda game to 3 years. Skyward Sword released in 2011 and they've been working on the next home console Zelda ever since. Simply put, dev time (and maybe costs) of home console Zelda games were getting out of hand so Iwata had to change something.
This game will either be out in late 2014 or Aonuma will be getting his ass kicked. *laughs*
