"This is what I think Wind Waker would look like on the SNES," writes gilamasan, the guy behind this piece of Zelda fanart. "I imagined the sailing would be done with Mode 7 graphics like in Super Mario Kart and F-Zero." Looks about right to me. Head over here to see more of gilamasan's artwork.
First 4 Figures is launching a The Legend of Zelda: Wind Waker statue line this year, and they're starting big. Here's a teaser for the first piece in the series. Look for more pics of Toon Ganondorf when he goes up for preorder later this week.
Painting Toon Link from start to finish, by redditor paosquared, made as a gift for a friend and then shared on r/zelda. paosquared documents the process in the imgur album embedded below, where you can also find hi-res photos of each stage.
Artist Liza van Kempen did a great job showing us what the characters in a Japanese-themed The Legend of Zelda: Wind Waker would look like, by changing the atmosphere and everyone's outfit, yet keeping the original art style of the game.