Not saying he doesn't work in the right situation, but Indian Outlaw had some serious structural issues, from the time he was just a calf. Most of his health problems probably just stemmed from being hard doing, like most too straight ones. Carpe Diem was much, much sounder - even though he can throw a little bigger, plainer one once in awhile, his lesser calves are at least good market cattle. And yes, I've seen them both, more than once.
Cowsnsows, I'd expect better markings out of Cottonmouth than Carpe Diem. Not to say Carpe Diem won't work, but you're just as likely to get a red baldie (not enough white for a Herf) as a good Hereford marked one out of the cow you described.