Woah these water details! All the little splashes and the dripping water, that's really amazing me. Takes a while just to look and enjoy it all. You even made it look different on different materials. I am impressed even though I always expect a lot from you to begin with. I literally checked it out in full-view for at least 5 minutes to try to understand how you drew all that convincing water.
The only thing that bothers me is the ear. The position of the ear to be more precise. I am no anatomy expert, but it looks wrong to me. I waited a while since my forum post to see if you want to fix it and then totally forgot about it. So, sorry for the long wait. :P
Of course this is still a great piece of art without any doubt.
I like how you made his face different to most incarnations. It looks more distinctive, more adult and at the same time more "elv-ish", more other-worldly.
You created a captivating atmosphere. It's like he just played the Song of Storms and is preparing to confront Ganondorf in the final battle.
As usual your colors and composition are amazingly well chosen.
Great job!