: Balor was not a Fallen Lord, he wore the mantle of the
: Leveller. Under him were 6 Fallen Lords: Soulblighter,
: Shiver, Deceiver, Watcher, and 2 others that were
: unnamed in the game itself.
: So in fact Balor was not a Fallen Lord, but the Leveller.
: Hope that clears things up for you.
It's not really clear-cut. On the one hand the glossary defines the Fallen Lords as "six sorcerer-generals of dark and fearsome power, led by Balor..." which indicates that Balor was not a Fallen Lord. On the other hand, the glossary also describes Balor as "chief among the Fallen Lords," implying that he *was* a Fallen Lord himself. So it's not a precisely defined term. It's sort of like asking if Satan's a demon or not. Regardless, I don't think the term's ever used so that ambiguity could cause confusion.
--SiliconDream