It's BEAUTIFUL!! You drew them WONDERFULLY!! Especially the way you drew Fluttershy and Applejack. They all look wonderful. I'm more than happy to say 'Welcome to the herd' again just so that I can admire what you did here. It's beautiful!
I normally don't like human conversions of the show, but this is an impressive piece of art. I love your ability to capture their personalities and put them into a painting. It's like I would have never needed to have seen the show to understand how each of them would behave. On a side note, the color flow/contrast is great, as well as the shading (I just had to mention it, lol). Excellent job! ^_^