...and I am very pleased about this.  I've thought for some time the asthetic of TLG was perfect for Zelda.  And looks like Nintendo will give us just that.  The lush green, the blowing wind and mist, old ruins, a world washed in bright sun.  A look that is in some ways realistic, but in other ways more surealistic.  Even the animie style of the lead characters is similar.  I love it, and hopefully 5 years from now we still won't be waiting for Zelda so that we can experience it.

TLG:
https://www.youtube.com/watch?v=EHzHoMT5eRg

Zelda U:

https://www.youtube.com/watch?v=v-61OJ7DtiA

Wow, they used the same shader...

Fun fact: by now TLG may look like nothing we've seen in previous trailers.

Nintendo copying Sony. AGAIN.

Just waiting for either of them to come out. I need my 3D Zelda fix after Skyward Sword.

You know, I wish Anouma tried to make a game in the vein of Ico. It would be very interesting.

It's a dog eat dog world. 

Zelda U looks like it'll never release?

Yes, the art styles are verry similar, but with one really big differentiator being the color pallet.

TLG has much more of a dark brown/grey/green color pallet while Zelda U has much more vibrant greens, blues, yellows, ect.

Nintendo does what Sony doesn't

...how so? They look pretty different to my eyes.