We think that this is how my horse came to be. He was cross bred with warmblood to make some hybrid sport horse with chrome... but it didn't turn out how they had hoped. Not to mention he's pretty small. But he's one of the most RAD horses i've ever had... and cost me nearly nothin'! So sometimes, you get lucky with those backyard junk horses.
Most of the barns I was referring to were big barns that show Nationally in Halter. Most of these colts come from sire's who's stud fee is upwards of $2500 but are for sale fofr $500, most often with only an application for registration. However, they can't market them all. They take the best and get rid of the rest because they don't have the exact conformation to be a National Calibur horse.
The 'rest' of the herd aren't backyard junk horses, I wouldn't say. They still come from proven stock and have good conformation - just not for halter.
The last colt I bought (although he wasn't that cheap LOL) comes from a long line of Halter and Performance horses, however he's got the nice round croup with an awesome hip that he'll really be able to get down and dirty when it comes to reining or working cow. Had he been born in a Halter barn, he'd be one of those blowouts.
It goes give people a chance to own some wonderfully well bred horses for cheap, but I just don't really see the point in mass production. There's no way I would want thousands of my stallion's foals on the ground - Takes away from his value, I think.
But I think I have gone off an tangent and maybe not making sense or keeping to the thread...LOL
I'm glad your boy found you! Sounds like he hit the right place.