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 look down, my friend. Even in the darkest of times, there is always hope... Hope for a better day, hope for a new dawn... Or just hope for a good breakfast. You start small, then see what you can get." ~ Covetous Shen