I just watched both runs, and I remembered small "known" improvements that could be made to both runs. And it's pretty obvious I'm not going to make them, so here you go.
In the regular run, you can fall onto the roof in palaces 5 and 6 like this
http://www.youtube.com/watch?v=ipYzI9KWLs0
In the glitched run, after taking the first hit in death mountain,
http://www.youtube.com/watch?v=BYq68jyx4KQ&t=3m21s you can accelerate to the right better than what I did.
In the regular run, I suspect there are other improvements, especially in overworld manipulation. But maybe also in routes I can't think of and levelup strategy. When I was working with RT I eventually noticed he sometimes pressed down and jump on the same frame, and that loses you 1 frame whenever you do it. But it wasn't worth going back and fixing because it changes all future randomness. So there's room for improvement. If you look for it.
As for the glitched run, it is possible to use left&right to go through one wide walls, so you can get to the raft in level 3 before going to level 2 for the glove and you can use the screen scroll warp to get back to Mido from Bagu's hut. All the tests I did ended up pretty close to the published route's time, the sticking point was the manipulation of the overworld in the swamp.
If Link uses Jump to go over the top at around the white X and uses Fairy while up there, Link will be sent to above the ceiling of the floor below. By going to the far right of the room and doing the Fairy glitch over the top of the screen, Link can reach the room with the Raft in it, all while skipping the Handy Glove.
This game is full of these tricks and not all require Left+Right being used, and though I'm not sure if it would save time, would it even be allowed for the full game run? If so, the route of the current published run could possibly be significantly improved.
