Does anyone have tips or suggestions on how i should go about hand-carving a 'My Little Pony' shaped cake?? Specifically, like the one on this site...
http://londoncake.com/Childrens%20Page%203.htm

(Scroll down the page, its cake 2232 on the left side)

It seems you could either use the mold for it or copy a pic the size you want and trace it to cake. Then just carve the high and low areas, use bc to build up some areas then fondant the whole thing.

Thanks! I'm having trouble understanding how to carve the raised shapes...like the eyes,nose/mouth,and cheeks. It looks really hard and what if i make a mistake? Also,how do you use bc to 'build up' areas?

well you would first carve the basic areas as you see them, then you can either add a thicker amount of bc, or some formed fondant. Then when you lay your fondant covering your would mold as you go.