Legend Of Zelda:

--Linken sounds like Link - the main character
--You always start out with a Training sword/Wooden sword in the game
--In Legend Of Zelda: Link To The Past a Dwarf tampers/improves your sword (The dwarf near the springs)
--There was a lake where if you threw in an item the farie would improve it, if it was a certain item.
--In the first LoZ you used a raft
--There is a map and a compass, of which you can find nearly any dungeon in the game. Also a lion-head key, which you use to unlock doors.
--The bag where you find the objects looks JUST like a bomb-bag
--The Kodo next to him sounds like Dodongo
--On the start to the quest to kill the elite, it's a quote from the old man in the first LoZ
--Linken's boomerang is an item in LoZ (Boomerang)
--The improved sword is like improving the master sword, of which you do in  Wind Waker. The Master Sword improved (Wind Waker) also glows just like the sword in this game


I'm not done with the quest series yet, so I'm sure there's more.