Right on about the lesser passing the normal version of the lesser gene to it's non-lesser offspring.
However, small pet peeve of mine, you are using "dominant" and co-dominant incorrectly. The blue-eyed leucistic is HOMOZYGOUS (not dominant) for the lesser gene and the lesser phenotype is HETEROZYGOUS (not co-dom) for the lesser gene. The relationship between the two phenotypes (both mutants but different from each other) makes the mutation type co-dominant. However the mutation type doesn't change between the hets (lessers) and the homozygous (blue eyed leucistic) – just the genotype changes from heterozygous to homozygous.
You are certainly not the first person to mix mutation type terms with genotypes but I think using the correct genotype terms will help people. Once they realize that a lesser is a het and a blue eyed leucistic is homozygous then it makes perfect since that lesser X normal = 50% lesser and blue eyed leucistic X normal = 100% lesser. It's just like het albino X normal = 50% chance hets and homozygous albino X normal = 100% hets but with the co-dominant lesser gene you can see the hets.