Wow that's an interesting mod! I'm personally on my second run of Wind Waker (in the crayfish shirt xD) but rather put away Ocarina 'cause the Biggoron quest was pissing me off... Haven't played it in a while since I got Four Swords.
Lots of people complained about the boating in WW but I guess it's all according to one's taste. I like adventures so I spent more time wandering and fishing for treasure in the boat than I did saving Zelda (reminiscent of Skies of Arcadia except without the battle interruptions). And hey, it's fun to fish for a useless pot when you're really aiming for a triforce shard
Comparing both games though is like apples to oranges, really... For an N64 game, Ocarina ain't so bad, Ganon was pretty scary... The boss designs in WW though, I personally think they're incredibly beautiful (and frightening... some enemies too, like those shreiking zombies O_O). But if Nintendo ever got struck by lightning and remade it in the WW style for Gamecube... That could be kind of cool. The scary leopard-print streetwalking fairies, though... I'll take giggling alien fish people anytime. OK, I'll stop rambling now.
Long live Zelda 2! (/me runs away)