LttP doesn't need a remake. Neither does Wind Waker, really, as someone already pointed out, but it's a better candidate than LttP.
2D SNES / GBA games shouldn't be remade. They're fine. Early 3D games with ugly, horrible polygons and gross brown textures and general fuzziness that make your eyes hurt, THOSE are the games that need to be remade. So yeah, Majora's Mask would be nice, along with FF7, FF8, and all those other 15+ years ago "cutting-edge" 3D games that, now in retrospect, look like absolute garbage.
I'm glad game companies are more open to this idea, now. They did an HD remake for Ico and Shadow of Colossus, Devil May Cry, Metal Gear Solid, OKAMI, and Hitman Trilogy HD just came out. Those are good choices. But not LttP, or Super Metroid, or any of those games; those are perfect the way they are because they never sacrificed playability to have "sweet, new 3D graphics."