Funny story. Back when the Oblivion horse armor DLC hit, people couldn’t make enough fun of it. No in-game value, pure vanity, who’s got an extra $5 to spend on a game they already bought, and so on. And then Blizzard releases this magic space-horse, which 1up states with some authority as being “the fanciest [magic space-]horse ever born,” and people are buying it at a rate of 20,000 per hour.
I guess WoW players just love them some Pegasi.