There was a time when you would load as much experience and conditioning as possible into a Kentucky Derby horse, as a mere adolescent required to jostle with 19 others through 10 furlongs. Nowadays, however, trainers are trying to reach Churchill Downs across a highwire stretched to a thread by two diametrically opposed imperatives. One is their conviction, whether through perception or presumption, that the typical, commercial-bred Thoroughbred of today can only stand up to a much lighter schedule. The other is to secure enough gate points in the trials....