My hype level is around a 6 still. The art style has grown on me now that I've seen new footage; but I'm disappointed in the dungeon editor. I feel like they took an idea with potential, and implemented it in a way to make people dislike it. No online sharing(really), no free form room/chest editing(more understandable), no unique rooms that aren't in existing dungeons. It feels like they want something to point at when people ask for Zelda Maker in the future.
My other major gripe is the removal of the Camera Mouse. I loved the photo hunt, and some of the photos were hilarious.
Despite my gripes, I'm looking forward to playing one of my favorite games fresh and anew.