Lauren Faust also worked on Foster's Home For Imaginary Friends and The Powerpuff Girls, fyi. Knowing that it's no surprise the show is good (apparently, I haven't actually watched it myself...)
Surprised it took this show so long to pop up on here, seems like it's popped up everywhere else.
Oh and before anyone brings it up, I'm certain that the reason the show has become so memetic has to do with a combination of the novelty of lolponies and the fact that it's (apparently, again I haven't actually watched it) actually a quality show.