The hobby horse functioned as a standard mount with an increase in traveling speed, even though it was a toy horse head on a stick. Unsurprisingly, players were not overly thrilled about the hobby horse and filled the thread with concerns and discussion over the expensive item.
Following a few days and several hundred posts, a representative for the game said that the price will be changed: "The hobby horse will now not be going live with that price point. [Turbine is] experimenting with items and pricing on the store. This test was, as is obvious from your feedback, unsuccessful. The feedback was somewhat expected."