Very interesting reading, Im a New Zealander currently in California, I have rode thoroughbreds all my life but recently changed codes and leased a filly by Elsu, the mare is all USA bred, so I am very interested on what you say about quality of our horses in NZ compared to here in the USA.
I know of horses that have been sold to the USA from NZ for very good money, go on to win races in the USA, so what you say is very correct.
The same has always been said about Australian horses, compared to NZ, if you go back through the breeding, alot of the good ones all go back to NZ breeding...ie=Phar Lap..need I say more...lol