LoadModule16 regression?

[Jukka Heinonen]

After LoadModule16 was moved to dlls/kernel, it started
to strip path from module name. This makes it impossible to
execute DOS applications (and probably Win16 applications, too)
unless you are in the same directory as the application.

MSDN documentation on Win32 version of LoadModule states
that path should not be stripped but I'm not sure how Win16
version is supposed to work. It probably uses different 
search order if path is not present, anyway.