"1. I don't think the new Zelda game style will work.... Those games are directed toward an older audience, and a cartoony look would hinder their buying the game."
I'm not too sure about that myself. If the people do not buy it because of the graphics, than they shouldn't be buying it in the first place. I kind of like the style, because it's taking an opposite direction than Square Soft. Don't you remember good ol' Final Fantasy 4? How about 5 and 6? What about 1?
None of them a graphical feat by today's standards, but all very good games. However, now days, Sqaure seems to be pushing their graphical branch the most. All their games have been about the graphics lately. FF8, FF9, FF10. Don't get me wrong, they are all good games, excluding 8.
But I think, a real Zelda fan would, at least check it out, despite the graphics.