I literally learned of this five minutes ago. I learned something new today. Wow, I am proud to say I had no idea! What an odd counter-culture. Is anyone here going to try to defend this? Grown men dressing up as My Little Pony...and going out in public dressed as such? +K for embed.
http://www.youtube.com/watch?v=wb3QQvb246U&feature=player_embedded
I would imagine that if one went to their website (forget the name), the pictures there would make some fabulous memes.