Saw the GAF PHANTOM doing just that on the Friday practice for a Leu at home day, when the lower reheat blew out right overhead and very low over the field...so close that I could see the corrective action being instinctively applied, booting the nose back up level and they carried on with the show. Awesome flying.
Not as scary as the head on diving mig,, when out on the airfield clearing up a fuel/derv spill from the Italian team, but that's another story...