I agree with that assessment.  Ocarina was definitely the better start to finish narrative, but Majora works best with it's entire vibe and atmosphere.  It stood out as so unique even though it was using the same engine and familiar assets.  
Also peak Chuchu design.

[img]https://static.wikia.nocookie.net/zelda_gamepedia_en/images/5/5a/MM_Blue_Chuchu_Model.png[/img]