[quote name='Corvin']Not to be down on the idea, but with 2 different Zelda collections on Gamecube, is this even necessary? Mario All Stars only contained the NES games, so would Nintendo try and do the same and just have 2 Zelda games on there?[/QUOTE]
Both the MQ and Collector's Edition discs were available through various promotions only. (I got my CE through the N-Power promotion, bought MQ used.) Nintendo could justify repackaging CE as a 25th anniv edition on the basis of making that disc available to an ever expanding Zelda fanbase. I understand the "necessity" point, I really do, but at this point I don't think it's a realistic basis. The Mario ROM dump happened, it sold, from N's perspective the people are looking for cheap, tasteless ROM dumps. Quality and taste do not enter into it from N's POV.
That being said, if/when the ROM dump happens, the true "necessity" in all of this is to improve the emulation, especially if MM is involved. I don't know how MM turned out on the VC (I wasn't getting bit thrice on that one), but on the CE disc the emulation for MM was awful. It featured freezes and glitches in just the right amount: few enough that you don't think it'll happen again, numerous enough to screw a few saves and eventually force you to forget it altogether. There were sound problems, too, IIRC. I had many, many hours of playtime thrown back in my face on MM, and finally I gave up. In that sense, the "emulation FAIL" sense, the MM portion of CE truly was for collectors, it was there to have and not to play.
If they do release the 25th Zelda as a ROM dump, my hope is that, in at least "updating" the games to accommodate Wii input, they hold the emulation to a higher standard. I'd consider a purchase if they really go out and dump a shitload of titles on there, including some handhelds, and after a full year of release there aren't any emulation complaints from consumers. There's no way my dream scenario will happen, I'm just sayin that's what it would take.