Grade 2 would be moderate. These rads lean towards moderate to severe. With four processes affected and significant remodeling, I’m surprised at the cavalier attitude of your vet. It may be your vet is looking at it from the experience that KS is treatable – which it is. But it’s not cheap and it’s not curable, and you only have so many years of Osphos or Tildren or Mesotherapy and chiro before those therapies do nothing at all.
It sounds like you really like this horse and want positive affirmations. Remember that human spines cannot be compared to quadruped spines and what we ask of riding horses. We thankfully do not have to carry around 1200lb of meat on the equivalent of a poorly designed suspension bridge!
Rads like the one you posted are not typically asymptomatic. I say this with hands-on and clinical experience. Two things impact prognosis: location, and number of affected processes. T14-15-16 are most common. Five or more affected processes have a negative impact on long-term positive prognosis. KS presentation in the wither and lumbar has a poorer prognosis than thoracic.
The KS horse I own now only has two affected processes and his remodeling is less severe – he’s 15. If I saw these rads on a younger horse I would likely walk. Every horse is different. Some horses are more stoic than others, especially ex-racers. If you decide to move forward with this horse, I agree with others that your first start will be making sure the feet are balanced. KS horses do not seem to tolerate poor farriery.
This is your journey and your money, just go into it prepared that you will likely have to go above and beyond in terms of management this entire horse’s life. If you are like me, you will always second guess and question if what you ask is fair of the horse.
I am happy to share with you what has worked and what hasn’t with the KS horses I’ve managed - including my current one. That would probably be a topic for another thread, though.