People have been asking this question in the forum pretty well since the release of FT and I've never seen a definitive answer. Barbara insists that it does have an effect, but won't say more, despite various threats and promises.

I bought the seahorse, and accidentally deleted it having grabbed the wrong fish. Is there a way to get it back? I have enough money, but it won't allow me to purchase it again, saying it is already in my inventory. I have a feeling in order to get it again I will have to reset the game, is it worth resetting to get the seahorse?

You might want to try the seahorse restocker that's available in this post, but remember to heed the warnings there (especially about backing up your savegame files). We don't provide support for fan-written utilities, so you would be using at your own risk, though.

Darn, I am using the iPod touch version of the game, so I can't use that. Guess I'm out of options?

Unfortunately, there isn't a way to restore a lost seahorse within the game, and non-Windows users can't use the restocker. I wouldn't have proposed the use of the restocker if I had known you were playing the iPhone version. To avoid confusion, we have a separate section of the forums for iPhone games, since there are enough differences in the platforms to warrant a separate discussion area.

I know what the seahorse does... PM me if you really want to know.

Why not share it with everyone on here?

Or is the answer 'nothing'