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Even if it were done...I'm not sure they would release it yet. This holiday will be plenty full. I've got no idea what will be there, but considering that they are already releasing Mario Kart they must have something planned.

A Zelda title usually gets major lead time from it's initial reveal...not 5-6 months. So expect at the earliest (if it is announced at E3) summer of 09. They're only going to show a teaser this E3...not a full on trailer. That will be next E309. With a Fall release to follow.

The bottom line is that Nintendo uses their releases to stoke the fires. There's no need to send all their franchises to market at the same time...especially when the big guns aren't necessary to keep sales growth consistent.