Good Morning Rob,
Well, I'm going to give my thoughts....
Since Spit-N-Image is no longer living, there are only a handful of direct sons that are still living. Some of his sons bred to Moderns are producing some awsome Modern/Modern Pleasure horses, some of his sons bred to Classics are producing some awsome Classic's and bred to Foundation mares you are getting the right combination there as well. You geld him you have closed a door to that line and it will be lost forever. When that line is gone it's gone. There won't be no more.
Since I own a Grandson, the 2002 Classic Pony of the Year, Pan's Silver Image, he is one of the only other breeding stallions that is producing. Your Reflected Image's dam (a mare that I own) is going Double Superior Dam this year. That in itself is a marketing tool. Even though Missy was in the show ring a short time, she went straight to the broodmare band and started producing awsome babies that are consistent in the show ring. Your stallion is probably the only other stallion I would consider breeding to in the event I lost mine.
I know that Carin bought that Sweepstakes breeding to him but decided to use her stallion instead. Did you offer AI (pulling straws) on him? If you would advertise that you would do AI you might get more breedings. With fuel the way it is now, people just don't want to pay to transport for breeding anymore.
I don't stand my stallion, and the only time I did was for the Classic Sweepstake. I ended up buying back the second breeding. One mare foaled the other had milk fever and lost her baby. So I only had one baby for the Sweepstake and it was way too young to haul last year to Congress to compete. So I basically lost $200. I talked to Cain about other possibilites to work into the program but at this time wanted to try one more time with adding more stallions to the Sweepstake. In looking at the website, there doesn't appear to by any bids on any of the stallions. So the Classic Sweepstakes program may need to take a break after this year.
Again, just my thoughts.....keep him intact...find him an old mare that doesn't produce anymore and he'll be happy. Should you decide to sell him market him on the fact that he is one of a few remaing sons of Spit-N-Image.
Karen Shaw