It does, but I think John and Pete are treating the Motor as the main load. When the motor shorts or stalls it can draw a high DC current from the board. Since the Motor FETs can fail under this load and burn the board traces you place the "Fuse" between the two. This protects the FETs from the motor closest to the load.
As I mentioned, if you place it to protect the board you have to consider the higher AC voltage but lower AC current that feeds the board to create a lower DC voltage sent to the motor.
For a board with the main load as the motor John/Pete's is probably a better approach.
For an MTH board where High Voltage DC is available on smoke units, light and such you might need protection on the Motor leads and the power Lead for the smoke and lights. Or you try to protect the whole board. G
