I don't think a delay is certain, at this point, but I'm not optimistic. Aonuma actually says "We're still at a trial and error stage" (at least that's the translation I've seen), which is why we won't see any more until E3 2015. Without the kind of teatable up-ending that dogged Skyward Sword and Twilight Princess, though, we could see the title in 2015. There's another 11-12 months for Nintendo to get it done, and I wouldn't be surprised if Monolith Soft Kyoto are already helping out. Maybe the main Monolith Soft team in Tokyo (X is nearing the end of development) will be pushed onto helping with Zelda if extra manpower is needed.
Basically I think there are too many unknowns right now. I think it's in Nintendo's best interests to push as many resources as they can at Zelda U. They're setting a dangerous precedent here that means new home console Zelda titles may continually appear too late in their system's life span to actually accomplish anything. How much higher would Skyward Sword's sales potential have been if it had launched late 2010, as planned at the beginning of the year? If Zelda U gets delayed to 2016, especially late 2016, how long is it going to take to get a new Zelda out for the next piece of Nintendo hardware?
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