I don't know what all these people talking about "TAS of the year" are going on about -- (a) it only took him a week, so hardly a labour of love, (b) no new tricks: everything in it is well-known by the community (c) it's just the same route as the any% console run with one or two TAS-only or best-avoided-on-console parts like mido skip (which, as I said, are well-known tricks anyway). It's only 2 minutes faster than the any% console record! Or ten percent if you like -- but there are lots of TASes here which beat the fastest human time by a far larger percentage. In short, when you look at the big picture this is not some major TAS breakthrough. It's just a good TAS, doing for the most part things that a human can do, just slightly more efficiently.
But of course I still vote "yes". Because it _is_ a good TAS. It really would not surprise me if another expert TASer could better it by a few seconds if they worked on it for far longer than a week, but then again would I vote yes on a second run which shaved a few seconds off but basically did the same thing? Not so sure.
The bottom line is: new route, much faster than the old route, has to be a yes of course, jap version standard within the zelda community now so that's fine, but the people getting really excited about the wrong warp/route in general are people who haven't been watching ZFG's stream: this is a standard trick/route that can be done on a console and only about 2 minutes faster.