Isn't it obvious? Zelda will surely transform but into Midna! That's right Midna... How so? You ask?
In Twilight Princess Zelda gives her soul to Midna... they become one for a period of time.. so yeah! best transformation ever.. 2 princesses for the price of one the princess of light ana the one of twillight two sides of tha same coin (like Zelda says)
I though I was the only who noticed that Midna becomes half Zelda from when Midna is revived to when Zelda makes a reappearance ( meaning that Midna is NOT suddenly nice just from the kindness of her heart
![Stick Out Tongue :p :p](/styles/default/xenforo/smilies/tongue.gif)
)
About the Sheik thing, I've argued this many times that Sheik is not an important part of LoZ just a costume. If she is Zelda's transformation, it would be like Mario turning into Frog Mario, or better yet Tetra turning into Sheik, and Young Link turning into Wolf Link, it makes no sense.
BUT I mostly anticipate her return (if midna is not Zelda's transformation
![Stick Out Tongue :p :p](/styles/default/xenforo/smilies/tongue.gif)
) soley because of her veteranship. Sakuria may decide to keep Sheik as part of Zelda "just because" he doesn't want to make a new DownB for her and Sheik. I am personally against Sheik returning as Zelda's transformation (or anyone for that matter) because it nerfs Zelda, a recurring character, because of these one-time characters (Sheik/Midna). (btw just popularity definately does not win a seat at brawl, and those designs sent doesn't mean anything if they arn't used. Or they could be used for ATs for all i know)