It wasn't part of Nintendo's E3 presentation, but Shigeru Miyamoto did announce a new Zelda game for the Wii during the event. According to Miyamoto, this new game will feature an older Link in a "completely different era". He declined to go any further about the story beyond that.
A lot more has been said about this new Zelda game, but most of them have been speculation based on the concept art Miyamoto showed at E3. Well, we can now get in on all the speculating since the image has been released. Check it out below.