This new game lets you play as characters from the previous Zelda games, including both heroes and villains, and also completely new characters (such as Lana). You fight against an all new set of villains (and at least one old one). I don't know why Ganondorf is a good guy in this game, but I'm guessing that this game isn't part of the canon Legend of Zelda story line. It appears you will have one player and co-op multiplayer modes available. I don't know if there will be a versus multiplayer mode as well.
The official webpage for this game is http://zelda.com/hyrule-warriors/
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