I was waiting for someone to come into the thread and really grill me on what the heck I was thinking of doing. Good thing you came along, Last Unicorn. ;)
The Game Plan:
My mom, sister and I are going into this on a joint sort of thing. However the main intent is for the foal to be largely my responsibility. My intent will be to keep the foal and train it primarily in dressage, though perhaps also doing some trail riding and minor jumping. In terms of improving on her, the biggest thing I'd like is a little more height. As such, I've been looking at some of the taller studs available.
She has competed and done well in dressage in the past. She was also ridden in eventing for a while, though none of this has been super recent as competition has never really been one of our priorities. Panache is a registered Welsh Cob Section C and has largely imported and very well recognized bloodlines. I'm not sure if you're familiar with Welsh bloodlines and their significance, but she has Nebo, Parc Welsh, and she's registered Gallod... all of which are well recognized lines. The foal will of course be registered. Youngsters with similar bloodlines that I've been looking at are being sold for anywhere from $6,000 to $10,000 without any training beyond basic groundwork, so the foal should be perfectly marketable if something should cause us to sell it.
I recognize that they aren't the very greatest pictures. I'll try to get some better ones soon, but it's very challenging to get her to stand square. We've been doing all that we can to keep her weight down (soaking hay, grazing muzzle). Now that winter has rolled around she's doing better. She hasn't got any kinkiness in her knee (it's a weird camera angle) and has always been very sound. I feel that her potential can be better seen when she's in action. She has a nice length of stride (doesn't move like a pony despite being one) and can really move out.
More pictures of her can be seen here:
Panache the horse
They aren't great conformation critique shots though. As I said, I'll try to get some better ones.