Of course I don't want a grinding Zelda where you click hundreds of times.

Yes, I know. There was a lot of that NES, no hints and no idea where to go next thing. Any modern incarnation would fix that as well as make saving easier, have a map et cetera. All I'm looking for is to be down to half a heart and running from a group of skeleton knights. I never got that feeling from ALttP onward. It's all fighting one enemy at a time where each one is a mini puzzle using some gimmick item you just got.  Also Diablo style weapon use would be pretty effective on a console, you'd have 4-5 skill buttons instead of a huge wheel of items.

I'm sure Blizzard would get a lot wrong, but they'd make the exact opposite mistakes that Nintendo have and then maybe we could see what a modern update of Zelda I would look like.