So'kay, I managed to work up the resolve to watch two episodes of My Little Pony, and to be honest it wasn't bad. The animations were dynamics and smooth; the characters each bring something to the table but not become stereotypes; and except for the second episode I watched the stories send a great message that little girls should know.
Will I watch MLP again? No, it isn't my thing.
Will I allow my niece to watch it? Yes, most certainly.
Will I watch with her if she asks? Sure, I'll manage.