I've avoided posting anything about this so far - because I kept expecting someone to admit it was just a big joke. But apprently its not, they really are building a giant horse in the South of England - you could not make that up if you tried.
I'm not really sure what the point of it is, or what message it is trying to convey. They are going for a super realistic style which would suggest that it is meant as slightly Po-faced but all the infor I've read about it suggests that they are completly genunine about it and the giant horse is irony free. I enjoy that the media has dubbed it the angel of the south! I maybe wrong - but it is quite clearly a horse not an angel - unless they are going to stick wings on it and make it into Pegusus. Maybe there is a greek connection and the whole thing will be full of soldiers?
I think they should just accept that the whole notion is absurd and if they do decide to build it then they should stick an even more giant jockey on its back.