I have no idea how many people follow me these days, but all well. In any case, Gamespot released a transcript of the Nintendo E3 roundtable, and in it, Aonuma details the plot outline of Skyward Sword. If you don't mind spoilers, you can go here
Edit: Miyamoto also discusses the graphics issue in here. He says that the LOZ development team prefers to work on the gameplay before the graphics. Since the gameplay is now nearly finished, they'll finalize the graphics in the coming months.