i will test the camel versus light cav and see if cav beats camels. since a one sword upgrade on hobilar will beat most heavy cav maybe it will work against camels. the trick being the faster unit usually gets the charge bonus. but if a camel unit is sent in to an ongoing cav melee than the effects would definetly be more of what one would expect of camels.

even with high valor some units are over aware of the situation around them and if they see they are being outnumbered or freindly units routing they go through a fear check.

but units like forlorn hope become oblivious to the situation around them. i would classify camels as being like the former even if you upgrade their morale they are easily unsettled by local reverses.

however i know of one man who has developed a combined arms force using camels that may actually be a cav destroying army.