The Philippines has a restaurant completely decked with that Capricorn pony. And yes, apparently this is real and not Photoshop. One sign just wasn't enough, how about 4 signs with the same exact picture. Well I'd have to say it's effective, I'd probably go in.
If you ever had a special affinity for the MLP logo then it's your day my friend. I don't, I've always hated it, but now it can be yours to carry things in.