Supposedly it does but i can't say i've really noticed and i'm running around with a mixture of Dragonbone, Ebony and Orcish atm. Could just be that i've gotten used to it so the movement seems normal.
hmm i think i have to try it cause the reason im usnig light armor is -besides sneaking- to move faster...dodging melee attacks is pretty easy, especially two handed...guess have to try the heavier stuff
Yes. When in the Companions' I was running beside a heavy-armored shield-brother, and I was notably faster than him in my light leather armor. (He was chasing a deer, I was chasing after him.)