Since the vector art creation tutorial was mildly popular, I feel pretty good about posting this up. This is a step-by-step, illustrated guide to drawing ponies that was posted on reddit. Lots of helpful descriptions and large images help even the newest artist through their first foray into marshmallow pony creation. From the email:
Over on Reddit in r/mlpdrawingschool, there are a bunch of guides, mostly on more advanced or narrow parts of how to draw ponies. But today IDrawPoniesSometimes has posted a guide to help absolute beginners break into learning how to draw ponies well. It's got good explanations and explorations of pitfalls, no special software required, plenty of encouragement, and is easy to follow. It is the guide I wish I had when I started drawing ponies, and could help a lot of people learn how to put a pony together.
Reddit Pony Drawing Guide