Annoying Fairy

I dont know if you guys are still on topic(im to lazy to read all the replies), but i dont think that fairy will be annoying at all, it will help u see where ur pointing an so on.

It seems more that Midna is just residing in Link's shadow, as she pops out and pops back into the ground near his boots. The fairy thing is just the pointer...I see where you were going, but I'm pretty sure Midna will only be fully accessible in the Twilight Realm.

the fairy is indeed the pointer, but if you look at the d-pad up thing on the top right, midna's face is there, and that is where the "talk to navi" command was in OoT.

So Midna is Fairy-esque or Fairy-like, with regards to her helping out link...

If you notice, even when Minda comes out, the fairy stays. I think it's just a pointer reference.