This is a 3-D animation called Super Modern Mario Bros. featuring the first level from the original game "modernized". It's cute enough to spend a minute watching. Two minutes? I don't know, can't say I would have made it to the end for two minutes without skipping ahead. Of course I say that about every video that doesn't involve a cat or somebody almost dying doing something they shouldn't. A kid jumping off the roof of his parent's house with a garbage bag parachute? I'd camp out overnight to see it.
Hit the jump and stick it to the man for sixty seconds.
Thanks to Josh, who agrees if they should be modernizing any classic NES games it should be Zelda.