For me, what is more important is weight carried against any other horse. In New Zealand, the compressed handicaps mean that there is not enough spread to accommodate weight differences. A top horse winning with 58kg and re-rated to 60kg should still win, all other factors being equal. Many runners on the minimum are not getting the right amount of weight difference to have a good chance.

The weights in NZ were raised some time ago and yet horses are still winning with weights above 57kg. A fit, ready to run top horse should win over its best distances.

Interesting article here http://www.nzherald.co.nz/sport/new...jectid=10740755

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