» Fri May 11, 2012 8:19 pm
I've only experimented with horses a few times, but I believe they all go the same speed and the color differences are purely aesthetic. I don't have sufficient evidence on this, so I would do some more research on that if I were you. However, I will say that I couldn't find much use in owning a horse for the following reasons:
1. You can't interact with anything while on a horse, and in order to get off, you have to fully stop, and take a second or two to dismount.
2. Things attack your horse, and because you have to dismount when mounted, the enemies generally start hitting your horse before you can start hitting them. (unless you dismount a ways off)
3. The horse attacks your enemies, which may sometimes be a good thing, but sometimes it runs off to fight enemies that you can't see because they're behind rocks or trees or a tower, and ends up dying.
4. The horse will outrun your companions, if you have them, and they will not get on the horse with you, so you either have to ditch the horse or wait for your companion to catch up.
Since you can fast travel, I found that I was only using my horse to get to new places which I didn't think was worth the trouble. However, at least one good thing is that horses will fast travel with you, so if you leave your horse somewhere, move away from it, and fast travel somewhere else, you will still have your horse with you.
Oh yeah, forgot to mention, the horses I bought were 1000g.