in 2006 - Bethesda was critically laughed at when they offered, for a whopping $2.50, armor for your horse in Oblivion to wear.
Seriously, what happened? How are they getting away with this? =(
Because people will pay for it. And as for oblivion horse armor, no one else could see you riding on it.
As for the mount, I don't like the exposed red snout... it looks strange, to say the least. Otherwise, it's fine.
“Do not lose time on daily trivialities. Do not dwell on petty detail. For all of these things melt away and drift apart within the obscure traffic of time. Live well and live broadly. You are alive and living now. Now is the envy of all of the dead.” ~ Emily III, World of Tomorrow