Thanks for answers. Sorry if I'll sound as an hardhead...
Number #2 is also clear to me, now. The instant card previously in my hand will already be in the graveyard when I'll get the mana. Eventually, I will be able to play it with LED mana if it has, for example, a flashback cost.
Madness is also clear.
About number #1: if I get it well, the mana from LED can only be used on madness cards, flashback cards, permanent cards already in play, some other effects that I'm probably skipping.
I can't use the LED mana to play *any* kind of direct spell I could have in my hand, regardless of type (my hand being the hand that I'm going to discard for LED, not counting eventual effects that can put a card in my hand later, after the discarding and while LED mana is still floating).
W.
Edit: from pseudo-pseudo-english to pseudo-english
