My group are just finishing chapter 1. Rowyn escaped, but they stabalised Gut Tugger. A half-decent knowledge check gave the group information that Crested Fell Drakes are normally good, and a detect magic showed the collar as magic. They put 2 and 2 together and got 5.
So they removed the collar, and healed the creature - which woke up, and attacked them. So they knocked it unconscious again.
The Neutral Fighter who is a member of Zelkarune's Horns wants to take it to the Arena - bonus affiliation points for him.
The NG Dragon Shaman (who has been reading Book of Exalted Deeds) says that this would be cruel to the animal and wont stand for it.
The two CN members of the party dont care either way, but have a preference for trying to sell it as an exotic animal on the black market.
Another NG member of the group said that it should be set free.
One of the characters mentioned that the nobles in Sunrise district were elves, and maybe they would want to take the creature and look after it.
A very 'loud' discussion took place just before we ended the session on what they should do, which was interested to listen in on. People were role-playing their alignments, and it was 'realistic' that the characters disagreed what to do, but they are going to have to make a decision as a group - dont know what that would be.
So, I thought I'd post here to see what other people thought the various alignments should do in this situation.