I would have played it if it involved picking up the storyline alluded to in the conclusion of Wind Waker where Link and Tetra were going to establish a new Kingdom of Hyrule.
As far as #1 is concerned, there's a double standard like there is with so many things related to sex. In the typical straight male mind, girl on girl is hot* and guy on guy is not.
* You'll notice that apart from a few nutbars on Fox News nobody complained about FemShep and Liara going at it.
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