It would make sense that that was what was in mind had they given mounted Imperial/German knights the lose of morale but they didn't. And on terms of lower stats, this is true but all knights should have good morale, Imperial/German knights being of no exception. I would rather enjoy using Imperial knights a bit more often than outdated DFK which have stats which can ride you through the game anyway...

Agreed with you Lusted on the mace, which is AP, being very good against armored infantry. It almost seemingly gives them the ability to mow through anything armored but Imperial knights will not hold up as long in a fight as other knights. Which is both absurd and leaves them lacking in the long run.

Tschüß!
Erich