
I see no reason to believe anything will change, especially not immediately.
I’ve yet to see any indication that she’s become anymore powerful than she already was. Not that flight is any small feat, but she could already self-levitate. Everypony in Ponyville already knew she was Princess Celestia’s student. If ever she called out, everypony in town already listened and was ready to act when necessary. It might seem different, but ask yourself what’s really changed.
The biggest adjustment for anypony to make will be for Twilight herself. Her personal identity has been altered. We’ve always known who Twilight was, even if only subconsciously. She’s the one that’ll need to come to terms with who and what she really is.
If you’d told me two years ago that Twilight Sparkle was going to become an alicorn, and somehow convinced me you were telling the truth, I’d have been irate. The notion that somepony born into a well-off family, with all the opportunity in the world and little hardship, would be rewarded with such a prestigious gift would have left me frothing at the mouth like a rabid animal.
I’ve watched Twilight for quite some time, wishing I had her life. That I could have been born with such potential. That surely I wouldn’t squander it with pointless study in mundane arts like turning an apple into an orange or growing facial hair.
But after all that I’ve witnessed, I’ve begun to understand that I’m not meant to hold such power. For all the magic at her disposal, Twilight has a level of restraint that can only be matched by an alicorn. Were it me, I would have used it to right every wrong I’d ever witnessed. And I don’t think that would have ended too well.
Information on alicorns are a secret even I’ve never had access to. Maybe nothing’s really changed. Maybe Twilight always had the characteristics of an alicorn, just not the appearance. Maybe the spell she completed was the very spell that transformed her, and required a very specific series of circumstances and relationships. Maybe this isn’t the first time it’s happened, just the first time it’s happened this way.
I’ve digressed a bit, but what I’m trying to get to is that I’m happy for her. I still wish it were me; that I could have been given such a reward for the ordeals I overcame. I can’t help that. But she lived the majority of her life in near isolation and learned more about the magic of friendship in a very brief period of time, than anypony else has in their entire life. And that’s a trial I wouldn’t want to undertake.
So here’s to you, Princess Twilight! You deserve everything you’ve achieved and I can only look forward to what you’ll accomplish next!

Just don’t expect me to call you Princess very often.
Lookin’ good, Twilight. Lookin’ real good.

Where to start.
Answer (and links) after the break.
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1) Music always depends on mood.
2) Big trains! Little trains! Fast trains! Slo~w trains… Smokin’ trains! Even trains that blow through snow! Plus… somethin’ trains, trolley trains, and much much more! When you order Lots and Lots of Trains!
WOO! WOO~!
3) Are you trying to be logical about a phobia again, anonymous?
4) No.
I knew of her, and she hated me due to a misfired prank. But we didn’t even go to the same school.
5) Alright, that’s enough. I’ve answered this legitimately like ten times and I’m tired of it! It’s terrible, it’s irreversibly damaging, and you [omitted] know it.
Now stop acting like a brain-dead rhesus monkey.
6) And why would that be?
7) Shorthoof for the word ‘gender’ is as much as you’ll get out of me.
8) That sounds familiar too.
Wish my brain worked better.
9) I would. Why?
10) I’m a biological organism.
—
Now if everypony will excuse me, I have something important to do.
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