No you misread, I don't want to keep or reproduce from sub-standard, there is no point if you want to improve! What I meant in a situation like the Icelandic horses is that the gene pool may remain the same even if you cull the substandard ones. I guess there a lot of variables that may influence including the size of the herd, are the herds separated across Iceland, and so forth.
I think its a good idea to start from basics. The essential process in nature by which populations maintain their fitness is: excess reproduction followed by ruthless culling. In this process those best suited to the environment get to survive and reproduce more often than those less well suited. All populations, it can be seen, reproduce more than they need to simply maintain levels.
Additionally, there are a number of locations in the process where competitions that locate and reward general health locate the best genetic material. Drone competition is probably the key operating system in honeybees.
Honeybee colonies are in competition with each-other as well as other nectar and pollen feeders. They will rob out and kill weak or otherwise vulnerable colonies.
The outcome is a constant shuffling of genes that brings those best suited to the top in each generation. The bottom line is that those genetic components that contribute to a key outcome are more often reproduced. Others are not easily lost, they remain in the population ready to be deployed if and when that is advantageous.
That key outcome is: the most offspring successfully raised in that particular environment. It is best seen in terms of energy: those individuals that are able to turn the available energy into the largest number of successful offspring 'win' life's competition. They get to throw their genes forward into the next generation; and so it goes on, every generation throwing out new genetic combinations to be tested, to win, or to lose. Or to part-win.
This nested set of process is 'natural selection'. It is _essential_ to every single species, because, it is this process that allows populations to adapt to new threats.
Because it is essential, when and if it is obstructed, the inevitable outcome is loss of health and fitness.
Obviously all this is all relevant to all kinds of husbandry, and of special relevance to breeders (including those simply making increase).
What is interesting, to me, is that while breeding is relatively simple in 'closed' populations (those in which all reproduction can be, and is, controlled), things are much harder in free-mating populations. This of course has particular relevance to bee reproduction.
The further complications of the honeybee's special genetic and reproductive arrangements must also be taken into account - that is actually easier than getting your head around the stewing and winnowing of natural selection, I think.
There is a path through all this to get things, more or less, under control in a satisfactory way, and to understanding things like why local bees have advantages, and why bees separate out naturally into 'races' and sub-strains according to their locations.
But it is way easiest to take that path if you start at the beginning and carefully work down.