It wouldn't be very good. Video games, especially ones in the vein of zelda, don't translate well to movie form. Besides that it wouldn't be able to recapture any of the unique atmosphere each game has.
Not really. Most video games don't translate to movies well. Even though Zelda is a very plot heavy game, I don't seen it being able to go over well. If they make anything movie wise with it. I'd prefer to see it animated