very scary pedigree?

ya know those redneck jokes about marrying your cousin? well I think the sire of Lady's and Allie's foals comes from a long line of them...
I finally got the stallion's name from the breeder and found his pedigree. Check out this link. It's the pedigree for the sire of the sire of the stallion (dija follow that?) Stallion is "SI Spanish Stone". His sire is "Spanish Commadore". The pedigree is for Spanish Commadore's sire, Skipa Select. Talk about inbreeding! Some horse named "Sipper W" shows up 8 times in two generations, "Santa Maria" is 4 times in one generation, and "Skips Reward" 3 times in one generation. I seriously hope this type of line breeding isn't a huge concern in horses.

http://www.allbreedpedigree.com/skipa+select