Item Tier List Discussion

Feel free to debate and discuss if you are bored. Tiers based on usefulness and accessability.

v1.2 (still a lot that needs rearrangement)

~Top Tier~
Bombs
Bomb Bag
Bombchu
Hookshot
Master Sword

~High Tier~
Kokiri Sword
Deku Shield
Hover Boots
Hylian Shield
Light Arrows
Cucco Bottle
Ruto's Bottle
Fishing Pole
Quiver
Broken Sword
Bugs
Deku Sticks
Fairy Bow
Mirror Shield
Zelda's Lullaby
Deku Nut
Requiem of Spirit

~Medium Tier~
Fish
Golden Scale
Megaton Hammer
Fire Arrows
Boomerang
Nayru's Love
Poacher's Saw
Cojiro
Poe
Scarecrow's Song
Farore's Wind
Din's Fire
Heart Container
Gold Skulltula Token
Adult's Wallet
Fairy
Biggoron's Sword
Goron Tunic
Longshot
Fairy Ocarina
Serenade of Water
Epona's Song
Giant's Knife

~Low Tier~
Golden Gauntlets
Fairy Slingshot
Bullet Bag
Ocarina of Time
Song of Time
Zora Tunic
Minuet of Forest
Bigger Bomb Bag
Biggest Bomb Bag
Odd Potion
Bolero of Fire
Bunny Hood
Prelude of Light
Odd Mushroom
Iron Boots
Giant's Wallet
Blue Fire
Zora Mask
Lon Lon Bottle
Magic Beans
Goron Bracelet
Lon Lon Milk
Heart Piece
Sun's Song
Nocturne of Shadow
Pocket Cucco
Pocket Egg
Eyeball Frog
Prescription
Eye Drops
Claim Check
Zelda's Letter
Song of Storms
Blue Potion

~Bottom Tier~
Silver Gauntlets
Bigger Quiver
Biggest Quiver
Lens of Truth
Big Poe
Green Potion
Ice Arrows
Gerudo's Card
Cucco
Weird Egg
Saria's Song
Mask of Truth
Goron Mask
Gerudo Mask
Skull Mask
Spooky Mask
Keaton Mask
Bigger Bullet Bag
Biggest Bullet Bag
Red Potion

~Guay Tier~
Silver Scale
Sinking Lure
Stone of Agony

Suggestions:

Light Arrows -> Top Tier
        Essential to beat the game, RBA or otherwise

Golden Scale -> Same as Ruto Bottle
        That or the silver scale is required to get the ruto bottle, and who would ever get the silver scale  ;)

Blue Potion -> Bottom or Guay Tier
        Not so useful and even harder to get than red/green potions. I only ever got this when i had infinite  money for the hell of it

Red/Green Potion -> Guay Tier
        Absolutely useless. I never even bought this the first time I played OoT

Moved all of those in the direction you stated, just not as far.

Light Arrows, while essential, simply aren't as versitile, useful, or easy to obtain as Hookshot or Hover Boots or Chus.

Silver Gauntlets are way better than that.  Easily mid-tier.  Accessibility alone is huge, and Golden are barely more useful at all.  The fact that kid Link can use them even though they won't fit a kid is also a huge boon.

I think Kokiri Sword could hit top tier, but that's arguable.  Cojiro is a possible high tier candidate.

At least one bottle needs to be top tier (likely Cucco, due to ease of accessibility).  Bottle is the most versatile, powerful, and useful item in the game (Bombs/chus are pretty close, though).

Megaton Hammer needs knocked down a bit.  Accessibility is shoddy, usefulness is minimal.  Zora Tunic is bottom tier, as it's completely useless even in most legit Water Temple playthroughs.

you forgot black/green/blue/bronze gauntlets

Farore's wind is used alot in 100% and although Nayru's love makes easy superslides and megaflips, it can all be done without it...

so I think Farore's wind should go one above Nayru's love... or atleast one below because I think it's a useful item...