We'll see i guess...
The Zelda games already don't have that great of stories to begin with it, they're all basically "evil guy takes over, or is trying to take over the kingdom, you the hero of destiny must stop him by gathering a bunch of trinkets that will get us into his castle where you can battle him with the only thing that hurts him, a special sword."
Don't get me wrong, i love the games, but the stories are pretty shallow and empty to begin with, the games are mostly about traversing big awesome stereotypical Game-ey dungeons that nobody in their right mind would make or live in and collect artefacts that will help you in later dungeon, and kill every enemy in your path.
I cant see there being a deep and intricate show based off of zelda. Seems to me like they're probably gonna make some crappy show with a mediocre storyline that will probably just be stacked with a whole bunch of fan service (like showing a deku kid that spits nuts, because 80% of zelda fanbase think that Ocarina of Time is where Zelda spawned from, and everything should be based off of ocarina of time), and will probably only be watched by people because it has the title Zelda, a beloved franchise of many that a ton of people grew up playing.
The end result is probably gonna be a show that bombs and is not liked by newcomers or old Zelda fans alike. At least that's my prediction.
Who knows, maybe the show will go way beyond my expectations and actually be good, but i highly doubt it and am gonna leave my expectations really low. I will be pleasantly surprised if i am wrong, and i will welcome that if that's the case.