Re: 208 Volt High Leg
208v commonly a wye voltage as in 208y/120. But the term "high leg" refers to a 3ph4w delta, such as a 240/120 system.
If you sketch a delta with a flat side at the bottom and mark the 'A' phase at the lower left corner, 'B' at the top, and 'C' at the lower right and make it as a simple 240v delta.
Now mark a point half way between the 'A' and 'C' marking it as 'X0'and is considered a neutral and grounded. Remember that you have 240v 1ph between A-C and with the X0 you have 120v between A-X0 and 120v between C-X0. So, between A-C you have basically a 120/240 1ph3w as you would have in a common residential service entrance.
Remember that 'B'? Between the 'B' phase corner, often referred to as the wild or bastard leg, and the X0 you will have 208v. With the X0 grounded you will have 120v to ground from the A and C phases and 208v from the b to ground. However, even so, I have not found a logical need for 208v 1ph.
Panels that are supplied for this application are marked as 240/120 3ph4w and the 'B' phase is conductor is orange and is terminated on the center bus.
If you have a couple of extra minutes check page 8 of this link out. Although the diagram is turned and flipped from my description it does show you how a panel is connected.
http://www.enm.com/training/siemenscourses/pnl_2.pdf