I did a sketch for this in pencil a few weeks back, and decided that since I FINALLY have CS5 (YESSS!) I wanted to play around with some new style ideas. So, this is how it came together. I was lazy with the bg, I admit... but I may go back and make one desktop size anyway lol!
I really like the result! I may continue doing G4 ponies in this style...
+EDIT+ I had someone comment on mlptp.net that the face reminds them of G3.5... (Input please? Do you agree?)
...If that's the case, then Imma revamp this version. I'm a fan of G1, G3, and G4... but those horrible G3.5s almost make me embarassed to say Iheartponies!