Ah, but I am executing a Missed Approach in accordance with 1.10.1 . . . it's just that I haven't started climbing yet because the regs do not state you must commence an immediate climb unless you are at the MAPt.
So again, it comes down to when are you legally required to climb out during a MA.
Apologies, I know this is getting a bit tedious now and ignores the fact most would instinctively immediately climb out as part of their MA procedure. The point I'm trying to make is, it doesn't appear the regs prevent you from leveling off prior to the MAPt, and this has been used to create the proposition I initially put forth. It is not my idea, but I have heard it proposed now from a number of different sources. That's why I'm asking for the legal take.
Unless there's another reg I've missed, this thread has probably run its course.