Wounded Marker and Leadership Morale

[Carlos S. Olivares Pérez]

• The Wounded marker says “Leadership Morale - 1", so do the player aids.
• Very old rules (v2) say "Wounded Leaders have their Morale, LM and Leadership Range decreased by 1".
  
• Errata v1.1 (03.26.11) says "All wounded SMCs, except Heroes and Leaders, have their Morale reduced by 1".
• The rules v4.0 say "Wounded Leaders have their LM and Leadership Range decreased by 1". Rulebook does not say anything about Morale (neither that it is not affectet, nor it has a -1).

Is the Leadership Morale reduced by a Wounded marker?

 

[Qwirz]

IIRC on the errata is stated that Leader morale is never lowered....
I can't unzip the file now
http://boardgamegeek.com/filepage/96449/lock-n-load-games-faq-and-errata

EDIT: The LM in 4.0 is for Leadership Modifier and not Leader Morale...

 

[Stéphane Tanguay]

The Wounded note under the DFT in HotP also says that Leaders have their Morale, Leadership Modifier and Leadership range decreased by one

 

[Jeff Lewis]

It's Morale, LM and Leadership Range (for activation). Any other SMC that takes a Wounded marker on it also subtracts 1 from Morale.

Heroes have their own Wounded side and any effects of the wounding are represented there.