Yes, Red Pony is by John Fahey and is written for the tuning of open Dm. I'd also like to learn Hsrd time killing floor blues by Skip James.
Basically, its just laziness as open Em requires less effort to get to from standard tuning than open Dm.
I quite like the tuning because the treble strings retain the same relationship with each other ad they do in standard tuning, so its easy to adapt. But you have the root on the 6th & 4th strings and a 5th on the 5th string.
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