Gave a try this morning:
started route planning at 10:35
started speedrunning at 10:45
Goal achieved at 11:44! done in 59 mins
path:
1, do the light world exactly like in my segmented run
get the hammer asap, S&Q
get the flute
2, 3, head in direction of the quake medaillon, take magic powder in between
4, head in direction to the fire rod
5, leave the dungeon, go south to get the half magic (at this point I didn't know I needed the titan's mitt, it would have been best to get it there but I got it later)
6, head south to get the flame medaillon
7, get ice rod
8, get magic cape
9, get ether medaillon
10, get cane of bryna
(at this point I went to cane of sommaria, but argh, I need the titan's mitt)
get titan's mitt
11, get cane of sommaria
could have been around 54 mins at top with this route
I think the best route would be:
1, do the light world exactly like in my segmented run
2, 3, once in dark world, head to magic powder then medaillon, S&Q
get the hammer asap, S&Q
get the flute
4, head in direction to the fire rod
Leave dungeon, get Titan's mitt
5, leave the dungeon, go south to get the half magic
Go back to dark world,
6, head south to get the flame medallion
Go to light world
7, get ice rod
flute to kakariko
8, get magic cape
9, get ether medallion
10, get cane of bryna
11, get cane of sommaria (don't need the hookshot, just dash into the block to get to the other way at the entrance)
This route could reach maybe 52 mins.