Something to do while waiting for E3 200pwn.
I just broke back out my N64 and OOT to see if this really works.
Just go right out of kokori forest and onto the bridge, then press:
A,
A,
B,
B,
A+B,
rotate 360 degrees (it has to be a PERFECT 360 degree turn, or it will PHAIL!)
Any c button (it has to be a PERFECT 360 button or it will PHAIL!).
Then, run in a straight line to the exit. The owl will greet you and talk in 1337sp34k. Pretty hilarious...