See, temperament is so important to me. But, it's also really hard to garuntee. A great mare could breed a crap foal (personality wise, etc.)
I agree with Country saying that it is totally a buyers market.
But because of it being a buyers market, I don't see why it would a good idea to start breeding because of how few people are buying.
If you bought up good stock and waited for the economy to get better to breed I would understand that..