All of the Zelda games from Legend of Zelda on NES to Majora's Mask on N64 are available on Virtual Console.
It is out now.
No, The Legend of Zelda is only available on Nintendo systems, and is a Nintendo exclusive. You can get Ocarina of Time for the Nintendo 64, on the Nintendo GameCube (The Legend of Zelda: Master Quest, and The Legend of Zelda: Collector’s Edition), on the Nintendo Wii (Virtual Console), and on the Nintendo 3DS.
The Legend of Zelda Majora's Mask was originally released on the Nintendo 64. It was then rereleased for the Nintendo GameCube as well as Virtual Console on the Nintendo Wii
it already is a download on the wii shop channel
From what i heard there will be a legend of zelda ocarina of time on the wii. It is a virtual console title purchasable in the wii shop channel. And you can use a classic controller or gamecube controller.
Both games are available on eShop, categorized under 'Virtual Console'.
If you want to download The Legend of Zelda legally, you can purchase many of these games on the Nintendo eShop as Virtual Console games for the Wii, 3DS and Wii U
No, because the Virtual Console only puts on home system games.
It was simply titled "The Legend of Zelda" and it was for the NES console.
The NES
You cannot get Virtual Console games on the DSi. If you want to download Virtual Console games, you must have a 3DS. Currently, (August, 2012) there are no Pokemon games for download, on the Virtual Console. However, the original NES Legend of Zelda, Zelda II: The Adventure of Link, Link's Awakening DX, The Four Swords, and Minish Cap are available to download on the Virtual Console. The original NES Metroid, Metroid II: The Return of Samus, and Metroid Fusion are available too.