I think the point that pushed me over in the "like it a lot" camp was when you get the master sword.
You walk underground, in this hall surrounded by stained glass windows. And all the stained glass feels like what you are playing is not a cartoon, but a stained glass Link. It gives a nice feeling, and while it does look cartoony, is you see the stained glass, it also looks freaking epic.
What I would love to see is the Twilight palet and shapes, with the cell shading, to see if they could have a less cartoonish stained glass style.