All excellent points. There are some parts of it that I think haven't aged well, but overall I think it holds up pretty nicely. The reason why I love it so much was I had never been so invested in a game before or after it. The initial experience that I had playing Ocarina of Time has never been matched with any video game since. Some have come close, though.
Well I grew up on the NES titles, so by the time Ocarina of Time came out Zelda was old hat for me. I think I would have been more impressed with OOT if I wasn't already so familiar with the Zelda formula.
That's what I loved about Majora's Mask. Every single person in that game had their own life and they didn't sit in one spot repeating "Welcome to Corneria" over and over again. Termina was small, but it felt like a real, living, breathing world and that isn't something I've seen replicated in any other game. Majora's Mask doesn't get enough love.I'm replaying it on the 3DS and I do agree with the Hyrule Field point you brought up. One thing about it that I don't like (and even other Zeldas) is that Hyrule is a very lonely place. You almost never saw anybody anywhere -- especially in the field. The only person you'd run into was that jogger who you traded the rabbit ears to.