I'm sure many of you know this route by now, but I'm posting it anyway, and I'll probably give updates here.
Updated route as of (10/15/09):
Segment 1-Just a save
Segment 2-Get sword and 20 rupees
-Save
Segment 3-Escape forest with water jumpslash ESS
-Get Ocarina
-Backwalk to Hylia
-Learn Scarecrow's song
-Go to pond to get Gold scale
-Ruto Bottle
-Show to King Zora
-Save
Segment 4-Escape forest again
-Backwalk to market bridge
-40 rupees from chains
-DoT skip
-Save
Segment 5-Go to Kakariko
-Get pocket egg
-Pause (1) and pick up bug in graveyard (equipped are bugs on C-L, bombs C-D, and ocarina C-R)
-Get Hylian Shield
-Poe trick to open grave faster
-Dampe's Race
-Hookshot
-Pause (2) and equip hookshot and shield then save (equipped are hookshot on C-L, bombs C-D, and ocarina C-R)
Segment 6-To Hylia
-Learn Scarecrow song
-Play song to get to fishing pond
-Steal rod and go to water near lab and pause (3) to equip bugs and save. (equipped are hookshot on C-L, bugs on C-D, bombs on C-R)
Note: Bombs must be on C-R now to do Bomb RBA in the next segment.
Segment 7:
-Leave the market area and the dark sky area outside of the castle
-Drop bugs, pick them back up
-Backwalk a little so when you drop them you don't lose them in the dirt.
-Backflip and do Bottle B trick
-Recatch bugs and you've done RBA bomb slot.
-Wait for daylight
-Enter Kakariko
-Pause (4) and equip pocket cucco (hookshot C-L, bombs C-D, pocket cucco C-R).
-Drop and catch bugs again in bottle B for pocket cucco RBA.
-Wake up Talon
-Get Cojiro
-Drop and catch bugs again in bottle B for Cojiro RBA.
-With these 3 RBA moves you now have bomb bag, quiver, black gauntlets, bomb drops will appear, and a bigger wallet I think
-Go to bushes around tree, and throw just 1 (maybe 2?) for a bomb drop (5 bombs)
-Backwalk superslide to Lost Woods (4 bombs)
-Pressure jump to get off bridge and hookshot up to see old man (3 bombs)
-Exchange Cojiro for mushroom
-Backwalk through LW
-Pull out bomb and blow up 3 bushes to get another bomb drop (2 bombs + 5 = 7 bombs)
-Blow up rocks in GC warp (6 bombs)
-Hookshot out of Goron City
-Down DM and enter Kakariko
-Buy 10 arrows
-Roof trick to old hag, exchange mushroom for potion and pause (6) to save.
Segment 8:
-Leave market
-Backwalk superslide to Lost Woods bridge with an ESS thrown in (5 bombs)
-Pressure jump to get off bridge and hookshot up to see kokiri (4 bombs)
-Exchange potion for saw
-Superslide through Lost Woods (3 bombs)
-Bomb the 3 bushes for another bomb drop (2 bombs + 5 = 7 bombs)
-Warp to Goron City and hookshot out
-Backwalk around corner to rocks
-Blow up one rock (6 bombs)
-SS through falling rocks (5 bombs)
-Climb to top
-Bomb Fairy wall (4 bombs)
-Pause (7), equip bugs (it has to go over hookshot on C-L, we need to keep bombs [C-D] and we need to RBA the C-R saw)
-Drop bugs, do quick bottle B and re-equip bugs too. This will have done RBA on Saw to get Zelda's Lullaby.
-You have bottle in your hand. So do OI with a bomb (3 bombs) to play ZL and get magic.
-Pause (8 ) and save.
Segment 9:
-You've got bugs on C-L, bombs on C-D, and Saw on C-R
-Leave market, superslide to Gerudo, ESS around corner, and do SS to loading zone (1 bombs) [may have to end the ESS a little early to get this consistently.]
-Pause (9). Put hookshot over BOMBS (Bugs C-L, Hookshot C-D, Saw C-R)
-Hookshot across gerudo bridge
-Exchange Saw for broken knife.
-Drop bugs and do quick bottle B again
-Pause (10) and save
Segment 10:
-Light arrow cutscene will start immediately because you did RBA for medallions
-This will reset the bombs and ocarina on C-D and C-R, leaving C-L blank.
-Pause (11), equip light arrow on C-L, and save in tower
Segment 11:
-Use last bomb on beamos to get 5 more (5 bombs)
-Quick trial skip with bomb staircase (3 bombs)
-Pause (12) and save.
Segment 12:
-Scale tower, at final staircase superslide/ESS combo to top (2 bomb)
-Defeat Dorf single cycle with crouch stabs
-Escape
-SS to Ganon to keep Master Sword (0-1 bombs)
-Win