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Yeah, it's kind of tricky, but a lot of fun once you get the hang of it! Like most crafty things, I guess: if you started out knitting, you wouldn't try a ballgown, you'd start with a tiny lopsided scarf. So don't let my complicated details get you down, it's a lot easier to imagine what you need to do with the pony in hand. Also, if you hit up either of the main pony websites I mentioned before, people will often be selling "custom bait" ponies for $1, or sometimes less, although they will often have missing hair or other major flaws to contend with. Nice and cheap, though! (Pic related, this is a box of baits I bought for roughly 50 cents a head. Yeah, I'm still thrilled. No signs of a good bait for any of the G4 girls, though.)
Favorite pony, hmm. That's a really tough one! This gets asked just about every other week on the pony comms, and I tend to give a different answer every time. Style-wise, I really love G1 Glory, just because so many of my fond childhood memories are tied to her, and she has some of my favorite colors. But I also love really brightly colored ponies, like G1 Tic-Tac-Toe, and G3 Piccolo, who's sitting by my computer right now.
I'm going to go with no, just because a large part of the pony-customizing population either don't know about 4chan, or are busy enough with their own projects/commissions that they wouldn't bother, unfortunately.
(capcha: Francois!!! bartiney)