No this is not a sick and twisted joke it's finally damn happening and I for one am now major hyped and in the best mood that i will be all day!
Simon & Schuster revealed through their online store they will begin publishing the manga. The June Nintendo Power Mag also confirmed this as well.
The first One to be released will be Ocarina of Time book 1 (release of 7th October 08) the 2nd book due for release on 2nd December 08.
The age group is for 8 - 12 year olds (coughs)
It seems Viz have their hands in this as well.
I nearly died when i actually found this <3
The 2 covers are below, i can confirm they are the images used on the Japanese books as i own them :)

Basically the reason i removed the raws is i don't want my ass being sued.