PG death level ups?

Here is what would happen.

You PG. Mob dies. You gain exp + level. Upon level up, you get full HP. You then will proceed to D/C from the game.

This theory comes from the knowledge I've had from CPQ. You pick up a pot, but you get hit at the same time, you gain health again, but then you d/c since the server registered you as dead, yet you live.

Get what I'm sayin'?

I frequently get killed in dojo and pick up a potion as I see my tombstone falling from the sky and my body turning to a ghost. Yet I come back alive and well, no DC too.