Ah, interesting, thanks! I do believe that one of my friends did on one occasion state that my body was present in-game while I was still on 'Please wait...'.
This was when a server had crashed, my friends had joined a different server. A friend had just come back from having his lunch, loaded into the server and said I was stood there, loaded in while I was stuck on 'Please wait...'.
This concerned me as I could potentially be brutally murdered while losing hair over a loading screen.