How do we estabilish the distance between them? Are they really far away, or like, 10 foot away? This is kinda important in this mu too.
But, TL "weaponary" isnt really that effective. Boomerangs are very limited in "amo" and dont kill. They barely hurt. Bombs can be thrown back and dont have too much range.
Only threat i can see are the arrows. Those even if hit arent 1HKO always. They really depend on the spot they hit and on weather conditions(windy?). But yeah, i can see this is a threat and if ice climbers cant approach fast they are going to die.
Even that sword + shield > hammer, you need to take in account that link is going to fight 2 persons, and its really hard to do so if you are not chuck norris/bruce lee/mac gruber, so thats why i think IC have the edge on melee play.
But yeah, unless IC have abnormal reflexes, or the battle starts up on close range, or popo uses nana as a meat shield they wont approach link.