Bloatmage Initiate feat and carrying capacity?

[zigmenthotep]

I've got a player who wants to go bloatmage and I'm finding something a little unclear in the boatmage initiate feat.
The description says the character is constantly under the effects of a medium load, so does that mean their carrying capacity starts at a medium load?
for example: would a character with strength 10 be basically carrying 34 pounds of extra flesh and then add any additional weight onto that?

[blackbloodtroll]

The feat does not seem to effect your actual carrying capacity.

You simply act as if you are carrying a medium load.

[zigmenthotep]

So a character with the bloatmage initiate feat should incur no additional penalties for carrying a medium load?

[blackbloodtroll]

Exactly.

You would simply take the penalties associated with carrying a medium load, and would not take further penalties until you were carrying a heavy load.