New Pb!
3:02:59. I dropped RI warping and it saved a lot of time off of my run. I also changed my route from Forest to Water which saves 2 minutes and other things. My big mistakes were in en route to Deku, inside Deku, Spirit Temple, and the Forest and Shadow Trials. Sub three is definitely possible.
I am also planning on moving Fire to after completing Shadow so I can maybe skip the HC in Spirit and the Bolero as well. It took too much time from the Hookshot to reach Forest, so it isn't a good route at all.