That statement(tim's number 3) is like saying this if you think about it.
Now I'm willing to bet that in American racing history that no horse on the grass at a mile and a quarter race(or dirt) has EVER come home in 22 flat. Sprinters run that for a first quarter, but routers will not do it for a last quarter.
That statement translates to this "By not running by the winner, Cacique showed he really isn't very good because he failed to do something that no horse in American history had ever done". Umm, does that sound really rational to any of you?
It was one of the flukiest pace races in history. For the filles and mares to have gone TWENTY LENGTHS FASTER(visualize that in your head if you can, the leader in the Beverly D would have been TWENTY LENGTHS ahead of The Tin Man) is mind boggling. The Million was beyond a crawl, it was a walk. Therefore when they turned for home the front two both had completely full tanks of gas and could sprint to the wire. The only difference was that one had a jump on the other, and that margin was almost EXACTLY what the difference at the wire was. They both flew home the same way, its just that after crawling that slow one in front had the edge.