I started an Epirote campaign with 2.03,nly siege battles so far so not sure if morale works differently on walls than in open battle. Both sides' morale only collapsed to routing after they were massively depleted (so for my - attacking - units there was no rallying).
What I did notice was that my units would run the siege engines or ladders up to the walls and then.....stand back, disengage from the siege engine and admire it, so that I had to re-order those units to make an attck on the units on the wall. Don't know if anybody else has had that problem.
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