No! Arduino Leonardo flashed with the ArduinoISP that comes with Arduino 1.0.1 will not work as an ISP programmer.
Your only alternative is to modify ArduinoISP according to the instructions in this page:
No! Arduino Leonardo flashed with the ArduinoISP that comes with Arduino 1.0.1 will not work as an ISP programmer.
Your only alternative is to modify ArduinoISP according to the instructions in this page: