i have, and from what i saw, its the shittiest thing ever. link looks like a fairy (or does he always), and ganondorf...OMG i dont want to be reminded. i think there are clips on youtube.
I've seen the trailer and read that it was an independent production, entirely separate from Nintendo.
I don't know why you think it looks crappy, Virtue P, but I guess I can respect that. Again, I heard it's an independent production so they obviously don't have much money (or so I would imagine) to work with in regards to costumes and such. Ganondorf may look a bit goofy but I'd say the depiction is pretty accurate.