: There is a theory that I really don't like, but I feel I
: should post just for conversation. Some people think
: that Bahl'al is not The Watcher, but is instead an
: unseen fifth Fallen, and that Balor himself is the
: sixth Fallen, much as Alric is both one of the Nine
: and their leader.
In the glossary section of the Myth II book, it says that the Fallen Lords were six powerful sorcerors led by Balor which would imply that he is not one of the six. In the Myth TFL glossary it says they are six powerful wizards who were suborned by Balor. I don't think Balor is the sixth lord mentioned.