On 1.4 servers if you go into the nether there are chunks that have random blocks. Some chunks are the normal ones with nether rack and lava. Most of the chunks get replaced with corrupted chunks which have blocks like end portal blocks, command blocks, pig spawners, and water. Also enderpearls can still be thrown from normal chunk to normal chunk, but if you through an enderpearl at a corrupted chunk you will be floating much as if you fell into an unloaded chunk in the real world.
14th duplicate of MC-4200 , please use the search function to see if your bug has already been submitted. Currently over 30% of tickets are being closed as duplicate.