I'm not agree about the suggestion to take player by hand. As I said, this part of the game is more like an Easter Egg. I never heard of a game with an Easter Egg and a dialog saying "HEY, DID YOU SEE MY EASTER EGG WINK WINK ?" :p
If you were in an old game with percent completion, without the bone key bonus, you still would have 100% completion in the game if you get all the others things (rupees, upgrades, secret dungeon, etc). If you get the bone key bonus, like old games would have do, you'd get 105 or 110% completion. I think the game is really better like this, but it's just my opinion ^^
By the way, I should also translate the Billy Interview to help people who really want to get the bone key bonus, because the purpose of the Billy Interview is to help people to find the entrance of the secret room =]