The Golden Power is effectively dead, but there exists a prologue arc and two completed story arcs. Revolving around wars of gods for the mortal plane, the continued effects that possessing a piece of the Triforce inflict on Zelda, Link, and those around them as they are remade in the image of their aspect. The overarching plot seems to have been a focus on different godly avatars as they begun to awaken, mature or congregate... just in time to match the forces of evil.
The writing is TOP notch. The characters are believable; even the superhuman avatars the story centers around have distinct and subtle flaws; there are beutiful plot twists; and one glorious moment where Link successfully SHAMES a cliché into the corner to cry.