I've never played the older games. Totk and botw are some of my fav games, and anticipating ocarina remake. Does it still hold up today, will a remake put it above the last 2 Zelda games?

I would say a 4 at best, crappy controls, horrible blocky graphics, horrendous washed out backgrounds and a camera that gives me headaches.

Just kidding, it's considered by many to be the best console game of all time for a reason. When its remastered it should be the best old formula Zelda game. I have played through the game a few times when i was a little kid (along with many other Zelda games) and out of all the ones that I played it is my second favorite, first being Twilight Princess. If you never played the older Zelda games, they are a lot different than the newer ones and for this reason I don't expect this remake to sell anywhere close to what BOTW or TOTK. I expect it to sell around 10-15 million. If it sells more than that I think a lot of us will really be shocked. 

I do hope that they make some changes to the game and not keep it a 100% remake. It would be great if they expanded hyrule field and added some type of random mini dungeons, extra enemies and random encounters that could change this up. Theres a lot they can do with this remake if they decide to go that route.

Honestly, very different games.

OoT is good game, but whether you'll like it or not depends really on how open you are to quite different experience, as well as your expectations - Zelda, in its original design and essence, is item gated progression game (being Metroidvania in many aspects), where dungeoneering in search for those items is key aspect of game loop, having different amount of obstacles to free roaming in its overworld that those items later let you overcome.

Zelda had few formulas over it's lifetime. OoT is A Link to the Past formula, but (due to technical reasons of going 3D) with less freedom. ALttP was already less open than Zelda 1, which, IMO, strikes perfect balance between dungeons, item gated progression and openness. BotW went the other way around (overcompensating from Skyward Sword's rigidness), stripped item gated progression and let you roam freely (after tutorial), focusing on roaming part of original formula.

OoT formula (heavy on puzzle dungeons, less freedom to roam freely) pretty much stuck around for 3D Zeldas, with fans both loving it and hating it, not in the small part due to how much its overworld became constrained. But if you would like to experience beautifully crafted world with great dungeons that has that certain "Zelda feel" that you probably heard of (that BotW/TotK lack), OoT, though not the best, comes highly recommended.

It's still a very good game. A bit dated I think in some ways how it plays or Z targeting. I don't like the chest opening cut scene every time. Some areas with a fixed camera might be a shock to a modern player. Most areas are full 3D tho. My friend and I disagree on some aspects about it, I'm a little harsher on it. It's a different kinda of game. The world is an overworld not open world. Dungeons need to be done in a specific order. So not the freedom ot BoTW/ToTK. It's the Zelda formula of LTTP/WW/TP and such. Zelda NES is closer to what BoTW/TotK is but those greatly expand on it. Puzzles have to be solved how the game wants. 

The music is great. Atmosphere is wonderful. Well designed dungeons. Characters are memorable for what they are. Maybe going from ToTK to OoT be a bit of a shock and a learning to adjust but should be fine. Depends on your tolerance for some things. I believe it's one of the most important 3D games ever made. Improved on some things from Mario 64 in the 3D space. I feel it has aged but it's not unplayable or anything. It's still a good game.

We don't know what the remake will be. It could be 1 to 1 (but doubt this as they did that on 3DS) so I think it will be a re imagining. In what way I have no idea, nor does anyone. Impossible to guess. There is no objective ranking. At this moment no one knows what OoTR really is. 

It's my second least favourite 3D Zelda. I think it's the one that has aged the worst in both visuals and controls/gameplay. The 3DS version fixes most of its problems... but the original N64 release is not that great to play nowadays.

It remains a masterpiece, unaltered on N64. I highly recommend it.

After replaying it recently, it dropped on my overall top 50 list — I had it as high as #1 at one point and now it sits around #30 — but I still consider one of the very best games of the 5th generation.

The combat, however rigid compared to modern standards, is great; the sense of exploration and discovery is superb; and the puzzles are true head-scratchers. The graphics are, of course, antiquated now, but I’m actually a huge fan of how evocative, dreamlike, and sinister the game’s visual landscape can be. And then there’s the music and sound design — maybe the best of all time. Seriously.

Would a remake be superior to recent Zelda entries? If it remains a 1:1 comparison, then no. Ocarina is brilliant, but as is it can’t compete with Breath of the Wild. If the remake streamlines the process to hit 100 percent, deletes or vastly improves the Gerudo stealth section, adds more areas, and makes combat more tactical and improvisational, then it would have a fighting chance.

In any event, I’m excited to see the finished product.

N64 version is harder to go back to, however the 3DS version is superb.

Still number 1, aside from the old controls the rest is top notch. Thought BOTW was a 6/10 at best, I prefer all the older ones.

Oh man, I loved that stealth section.

I don't know how I would rank the game today, it has been 25 years now since I played it. It was my favourite game of all time for many years (probably until the mid 2010's), but it somehow belongs to a certain time in my life and I had played it so much back then that I never felt the urge to revisit it, I was satisfied with the memory of it. Now depending on how the remake will turn out, I think it might finally be the time to pick up the Ocarina once more and I am actually excited for that.