Lyric discussion by coupegood 

I think that the steel horse is a motorcycle, and the song is about a biker. Either that or its about traveling on tour.

Well this song is a pretty clear cut. Its a parallel between Bon Jovi's live on the road and that of an out law cowboy.

Point 1: The first line says "Its all the same, only the names have changed." Thats about how they used to be called outlaw cowboys and now they're rock stars.

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