I have doubts Nintendo would hand over Twilight Princess to a Western developer but you never know.

I thought that the Tantalus port was basically dead, but it could be..

You make sense so yes it could

It makes sense, but since we're talking about Nintendo I'm gona say No...

-"It’s not an MA / 18 or ‘hard core’ game which ME-3 and DX:HR are". - Destiny is hardcore shooter game.

-"It’s the biggest thing we’ve ever done. Bigger than ME-3 and DX:HR". - Portal 2 isn't bigger than those two games.

-This game is more than 2 years in development, biggest Tantalus project ever, so I dont think that game would be cancelled after so much work and resources spent.

If this TP HD rumor is true, then relase date is this year or 1st half or 2016, Zelda U is November game of 2016.

Zelda U will certainly not be delayed for another year.

-Destiny is not hardcore, and it's rated T, so I don't see the problem. FPS does not equal hardcore.

-Portal 2 was fairly big since launch. Likewise, the could go for a remaster, not just a stright port, that in itself would let the claim it is still their biggest project

-Games get cancelled all the time despite substantial work being put into something. Crysis 3 was near completed for the wii u but was not released for reasons. Ubisoft had a completed wii u game that did not release for certain reasons. There is nothing that prohibits tantulus from cancelling a game despite work being put into it. Likewise, there is nothing that indicates that they haven't cancelled the game. We haven't seen a trailer, we haven't seen gameplay, and we haven't even been given a name. This happened with project cars, where we had little to no info about the wii u version, and despite some wishful thinking, the game got cancelled

An Australian developer. They're basically in the same time zone as Japan - so they could easily get direct support and collaboration from Nintendo in Japan. NOA could work with Tantalus just as easily as they might with NOJ, perhaps even easier due the common language.

Tantalus normally has paid the bills through the years with licensed games, but recently they made a pretty hard angle towards triple-AAA titles on Nintendo home console - regardless of the headwinds faced. Given that 3rd parties have left, naturally Tantalus would make a bid to become more of an internal studio to Nintendo.

Hyrule Warriors is proof that really any developer could take on the Zelda license if they have at least a half-good concept and can take Nintendo execs out for a night of drinking.

-Destiny is hardcore FPS.

-Portal 2 is smaller game than Mass Effect 3 and Deus Ex.

-Yes, but Crysis 3 was simple Wii U port, this title is a complete rework of the old game not just a remastered, game was in work more than 2 years in work. Maybe its moved for NX, but I don't think it completely canceled. Also, Project Cars for Wii U is very likely moved for NX like Slithly Mad Studios said.

-Saying all that, TP HD fits pretty good with infos we have about Tantalus project.

-Destiny is rated T and not hardcore. What about it makes it hardcore? Not all shooters are hardcore...

-The game itself does not have to be huge. If they are doing a remaster of portal 2, then that can still be considered their biggest  project seeing as how it's better than a simple port (mass effect 3 and deus ex)

-Once again, there is nothing stopping the game from being canceled. This may be hard for you to hear, but it is very much a possibility given (a) wii u's install base (b) wii u's audience ( c ) internal development issues

and yes, TP is a possibility, albeit not a very strong one given that we already had a wind waker, ocarina of time, and majora's mask remake this gen.