Yes , this image was made 101% in photoshop.
Lauren faust said that the main pony on the show represent everything a girl can be .
In this case , rarity proves that a girl can be Fabulous , and Beautiful.
I based this image on the episode Dragonshy , were rarity tried to dialog with the dragon , and at the same time get some fine jewels to her .
Character created by Lauren Faust , (C) Hasbro
And about the MLP illustrations , here is the order of the next ones .
-Pinkie Pie Party
-Applejack at sunset
-fluttershy in the forest
-The great and Powerfull TRIXIE