Hmmm… I would have left the Windigoes out or put them as Red, rather than Yellow. Really, they are almost more like Red RINGS than Lantern candidates themselves.

Now the only unknown is Rainbow…. a green and red light zooms towards her and both Twilight and Gilda wish that their ring would be the one to reach her… however…. something unexpected occurs…. she receives both and the light erupts…. however with both rings counter acting each other she goes on a rampage. Any and all Lanterns near her received a brutal beatdown the likes of which only Gilda and other Red Lanterns could top. Twilight flew towards Rainbow in an attempt to calm her down…. however the one thing that Rainbow wants to know, and the only thing that MIGHT calm her down, is an answer to a question she’s been curious about.
 
“Did….. did you know Gilda was coming back…… to apologize? If you did…… WHY DIDN’T YOU TELL ME?” Rainbow asked her. Twilight didn’t know how to answer…. yes she knew Gilda was coming back but she was scared at the time that Rainbow was more in danger so she….. she slammed the door on her.
 
“Rainbow please listen. I-I didn’t-”
 
“YOU KNEW! YOU KNEW SHE WAS COMING BACK! HOW DARE YOU!” Rainbow roared….. and the Green Lantern ring on her…. slipped off her hoof and fell to the ground where in she stamped on it.

Green Lantern Corps: my favorite pony Twilight Sparkle, Apple Bloom, Big Macintosh, and AppleJack(unseen) they got a power of Will.
 
Blue Lantern Corps: Fluttershy, and Pinkie Pie, they have a power of Hope.
 
Star Sapphire: Princess Cadence, Cheerilee, and Rarity, they have a power of Love.
 
Indigo Tribe: Discord and Trixe, they have a power of Compassion.
 
Red Lantern Corps: Queen Chrysalis, Gilda, and Sunset Shimmer(most hated pony), they have a  
power of Rage.
 
Sinastro’s Corps: King Sombra and the Windigo, they have a power of Fear.
 
Agent Orange: Spike, he have a power of Avarice.

pony and green lanterns can this fanbase be more awesome

Why do I get the distinct feeling that Discord was one of the Indigo Tribe’s less voluntary members?  
That, or he’s just wearing the costume for the lulz.
 
Also, I have to wonder what would happen if the Star Sapphires focused on Chrysalis.

….What did I miss?