If enabled, only an NTLMv2 and LMv2 response (both much more secure than
earlier versions) will be sent.
"LMv2" should be LM? and "both" should be ... NTLMv2?
No, the documentation is correct.
There is such thing as the LMv2 response, and indeed, it is a full, 128 bit
encryped response on the password. It is 24 bytes long, and in the 'lm
password' feild, for compatability.