Wild Shape, Armor, and Monk

[wolfen]

Ok so I have been playing around with an idea and I was wanting some clarification.

Lets say we have a druid-4/monk-1
1. Now normally when you wild shape it says your gear melds into your body via the polymorph rules so does this allow for you to benefit from the monks speed and ac bonuses when shaped?

Now lets say we have wild armor which by definition says "The wearer of a suit of armor or a shield with this ability preserves his armor bonus (and any enhancement bonus) while in a wild shape. Armor and shields with this ability usually appear to be covered in leaf patterns. While the wearer is in a wild shape, the armor cannot be seen."
2. So if a monk/druid with wild leather armor shaped would he retain the armor bonus and still benefit from the monks bonuses since "wild" does not specify that the armor has just reformed?

[Taenia]

This has been a long running question, you can see one post here

http://paizo.com/threads/rzs2q3di?Wild-Shape-and-Armor-question

My reading is that in the polymorph description because it describes what you can and can't do with magic items that if they were worn would not be needed it indicates that you are not wearing anything, it has melded into you. We have faq'd this and would love a response but have not seen one yet.

In effect a monk/druid in wild armor while wild shaped gets the armor bonus and enhancement but is considered not wearing armor and gains his full dex bonus to ac, his wis bonus to ac and can use various monk abilities.