Phelpssport.com, that shows unusual braid jobs on the post Colorful and Creative Braids steal the show at the Alltech National. It's also on Facebook -- I hope Phelps does not mind that I am reproducing part of a closeup of the braids, it's all in the interest of driving you guys to her site to see some braid experimentation
Standard disclaimer: I'm a crappy braider and have no business critiquing anyone's braids. But...
I love the idea of the alternating braids, and adding color. IMHO it won't work unless there is perfect uniformity, and the colors are not perfect and uniform as the braids are. When I first saw the photo of the black horse in the Chronicle, I wondered if they had run out of the right color yarn, and thought it was nice that the judge let them win anyway. Then I pondered, and searched, and found this page.
I wish the braiders luck, it's a worthy effort.