If you're going for a graphical update you may be better off making a texture pack. Plenty have been made in the past, and instead of patching the rom you'd run the emulator using a plugin that supports custom texturing. You also need this plugin to dump the original textures.
Unfortunately...
I think the costumes give bonuses. Like the big bomb costume grants bigger bombs. So everyone could have bombs, but this guy has bigger bombs. I could be wrong though. Anyway, we can wear Zelda's dress, so that's a plus.
A new exploit for the 3DS has been released that allows you to use the Game Boy and Game Boy Color virtual consoles for other games. For this to work you must be on firmware 9.0-9.4.
What the exploit does exactly is when the rom is loaded into ram, it replaces it with another.
Before we start...
While I haven't played fantasy life, it does look good.
I would recommend Rune Factory 4 though. It's my favorite game I've played on the console so far.
I prefer to have my hair long, It's probably about 5 inches right now. I was going to get a haircut, but then my grandpa suggested I grow it out and donate it to locks for love (I spelled that wrong I think). So I'm going to do that.
Sonic 06...
Delays suck, but are sometimes neccesary. I don't think that Majoras Mask will be delayed though because it is going to be preinstalled on a limited edition console.