While it isn't officially licensed Zelda merchandise, the Hero Pack is probably the closest you'll ever get to swinging a Wii-enabled Master Sword without going the DIY route. This slightly miniaturized Hyrulean sword-and-shield combo is easy to assemble and designed to preserve all button and IR functionality. Live out your wildest Zelda fantasies in your living room this holiday season for $20. Be sure to check out the last 10 seconds of IGN's hands-on video after the jump; they know why you're really buying this thing.
Seems like this is just asking for trouble.. I can see a bunch of 12 year olds swinging it around while playing and little Jimmy takes the blade shaft right to the eyeball and Mom & Dad decide to sue (that's the American way) Nintendo. Just wait n' see..