I agree that gelding him is the best bet. As others have stated big name breeders are cutting back their own herds in this economy. It takes a lot of money to properly campaign and advertise a stallion. Then there's the cost of collecting semen, mare care, the risks of live cover ect. Bloodlines aren't everything, does he have stellar conformation, is he actually winning at the shows, are you willing to travel all over to take him to breed/rated shows? If you ever need to move, it will be hard to find a place that will take a stallion, trailering him will have its own issues, not putting him in with mares, making sure that if he is in with a gelding, that he's not spending the time trying to get at the gelding. Then there's figuring out how to "house" him at the shows, again you don't want him in a stall near mares, if there are no stalls, leaving him tied to the trailer is not the safest thing, who knows if someone will decide to walk a mare in heat around him.
I really want to do breeding, but I want to find some place that is already established, has a client base, and knows what they are doing, where I can work my way up to breeding manager, I don't want to have my own personal stallion that I have to deal with, its just too much money and work and worry. That said, good luck, and keep pictures coming, he is adorable.